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Last Updated : Aug 04, 2020 03:39 PM IST | Source: Moneycontrol.com

Godrej Consumer Products Q1 profit falls 3% to Rs 395 crore

The profit included one-time gain of Rs 14 crore.

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Godrej Consumer Products posted a 3.1 percent fall year-on-year (YoY) in its June quarter consolidated net profit to Rs 395 crore compared to Rs 407.6 crore in the year-ago period.

The profit included a one-time gain of Rs 14 crore.

Revenue of the company was down 12.5 percent YoY to Rs 2,327.3 crore versus Rs 2,348.8 crore in Q1 FY20.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) was up 3.7 percent to Rs 472.7 crore against Rs 455.6 crore and the margin was at 20.3  percent versus 19.4 percent.

The company’s domestic volume growth stood at 3 percent.

At 15:29 hrs, Godrej Consumer Products was quoting at Rs 685.30, down Rs 13.00, or 1.86 percent.
First Published on Aug 4, 2020 03:37 pm
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