Godrej Consumer Products' third quarter consolidated profit after tax is seen rising 24.9 percent year-on-year to Rs 245 crore, according to the average of estimates of analysts polled by CNBC-TV18.
Total income may climb 11.1 percent to Rs 2,203 crore in the quarter ended December 2014 from Rs 1,982 crore in same quarter last fiscal. Operating profit is expected to increase 19.5 percent year-on-year to Rs 371 crore and margin may expand 120 basis points to 16.8 percent during the same period.
Expectations-Domestic business is expected to grow around 12-13 percent Y-o-Y led by soaps and hair colour segments (especially marked by a strong revival in household insecticides)-Analysts expect international business growth at around 10 percent Y-o-Y (growth could be lower due to negative translation impact)-Gross margins may be under pressure on account of a sharp dip in international business margins-Improving sales mix, moderating input costs and lower advertising spends may aid margin expansion during the quarter-Company may see higher other income, lower interest cost and much higher tax expense
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