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Godrej Consumer Products is expected to report a rise of 6.7% year-on-year in its consolidated profit after tax of Rs 140 crore for the quarter ended September FY12 as against Rs 131.1 crore in the corresponding quarter of last fiscal, according to CNBC-TV18 estimates.
The FMCG sector has been a stellar performer amid the overall volatility on the street this year. But will the second quarter results lead to further outperformance or will the rally pause?
Prabhudas Lilladher has come out with its earning estimates on consumer staples sector for the quarter ended September 2011. According to the research firm, Godrej Consumer Products September quarter net sales are expected to go up by 19% at Rs 1133.8 crore, year-on-year (YoY) basis.
It has been one of the top companies in the Rs 10,000 crore hair care industry in India, and is now looking at expanding in other geographies. Bajaj Corp, the maker of Bajaj Almond Drops and Kailash Parbat brands of hair oils says it is speaking with several potential targets right now and has several consultants advising it on it.
Angel Broking has come out with its earning estimates on FMCG sector for the quarter ended September 2011. According to the research firm, GCPL September quarter net sales are expected to go up by 14.5% at Rs 1,091 crore, year-on-year (YoY) basis.
Godrej Consumer is to announce its first quarter results. According to CNBC-TV18's estimates, the company's net sales are seen up 53% at Rs 984crore versus Rs 643 crore.
Talking to CNBC-TV18 in an exclusive, Adi Godrej, managing director and chairman of Godrej Consumer, says that advertising and promotion cost for the company has risen sequentially and is likely to go up further in the coming quarters
Indian mid-cap consumer goods firms are seen taking a hit on their profitability in the first quarter of FY12, as stiff competition and higher costs strain margins, even as steady volumes and price increases drive revenues.
The FMCG juggernaut, which has outperformed the market this year, is expected to remain steaming hot on the back of strong revenue and profit growth in the April-June quarter.
Diversified conglomerate Godrej Industries reported 42.34% increase in consolidated net profit for the quarter ended March 31, 2011. The chairman Adi Godrej expects strong growth in FY12.
Indian mid-cap firms are on course to post higher profits in the last quarter of FY11, despite an increase in prices of raw materials such as crude oil and steel, as volume growth and robust demand keep revenue momentum buoyant.
Prabhudas Lilladher has come out with its earning estimates on consumer staples sector for the quarter ended March 2011. According to the research firm, Godrej Consumer Products March quarter sales are expected to go up by 78% at Rs 906.4 crore, year-on-year, (YoY) basis.
Emkay Global Financial Services has come out with its earning estimates on Consumers sector for the quarter ended March 2011. According to the research firm, Godrej Consumer March quarter sales are expected to go up by 118.8% at Rs 1114.1 crore, year-on-year, (YoY) basis.
Motilal Oswal has come out with its earning estimates on FMCG sector for the quarter ended March 2011. According to the research firm, Godrej Consumer Products March quarter sales are expected to go up by 92.3 % at Rs 978.9 crore, year-on-year, (YoY) basis.
UNICON Investment has come out with its earning estimates on FMCG space sector for the quarter ended March 2011. According to the research firm, Godrej Consumer Product March quarter revenue from operations is expected to go up by 99.1% at Rs 1013.9 crore, year-on-year, (YoY) basis.
Sharekhan has come out with its earning estimates on FMCG sector for the quarter ended March 2011. According to the research firm, Godrej Consumer Products (GCPL) quarter sales are expected to go up by 81% at Rs 923.8 crore, year-on-year, (YoY) basis.
In an interview with CNBC-TV18, Adi Godrej, CMD, Godrej Industries, speaks about the results and gives his outlook going forward.
Angel Broking has come out with its earning estimates on FMCG sector for the quarter ended December 2010. According to the research firm, Godrej Consumer Products (GCPL) December quarter sales are expected to go up by 87.9% at Rs 972 crore, Year-on-Year, (YoY) basis.