A Mahendran, MD, Godrej Consumer Products, says that the company has been reporting a very good growth rate which is above the category and markets for last two years. He also says that the company is confident to maintain a growth rate of 35 percent as of today.
Godrej Consumer is betting big on the overseas market. A Mahendran, MD of the company says that overseas revenue contributes one-third of the current business.
A Mahendran, MD, Godrej Consumer Products, says that in the FMCG space there are impulse categories and the slowdown will have a bearing in the coming second quarter due to poor monsoons.
Although, the depreciating rupee has been a cause of concern for many sectors, A Mahendran, MD, Godrej Consumer Products said that its impact would be very limited on the company‘s business. In an interview with CNBC-TV18, he further added that changes in the packaging norm is not expected to dent their profitability.
In an interview with CNBC-TV18, Adi Godrej, Chairman, Godrej Industries expects strong growth in Godrej Consumer Products in the next fiscal too. He said that the company is doing exceptionally well in the domestic front.
A Mahendran, MD, Godrej Consumer Products does not expect volumes to be under pressure across the three categories that the company focusses on going forward.
Adi Godrej, chairman and MD of Godrej Consumer in an interview with CNBC-TV18 citing expectations from the relaunched range of Godrej Expert hair colors said, "We expect very strong traction in our hair color business from this relaunch."
FMCG major Godrej Consumer Products (GCPL) has acquired 51% stake in Darling Group, a pan-African hair care company. In an interview with CNBC-TV18, Adi Godrej CMD of the company said, Darling Group will be acquired in three stages and GCPL will ultimately buy 100% stake in the company.
Adi Godrej, Chairman of GPCL, in an interview with CNBC-TV18’s Latha Venkatesh and Sonia Shenoy, gave his view on the much awaited RBI’s policy announcement and gave his perspective of the fourth quarter performance and their divulged future plans.
Adi Godrej, CMD of GCPL, in an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker, spoke about the recent happenings in the company and the road ahead.
Regardless of the tepid IIP numbers, Adi Godrej, the Chairman of Godrej Industries defies any waning on consumer demand. In an exclusive interview with CNBC-TV18, he says, “The two year CAGR on IIP is quite high.” He is confident of witnessing high IIP numbers this year and expects GDP growth to continue to be good.