Shares of Godrej Consumer Products Ltd. (GodrejCP) traded almost 2% lower on October 24, 2024, ahead of the company’s Q2FY25 earnings announcement. Investors are awaiting the results amid expectations of improved year-on-year financial performance.
Key Expectations for Godrej Consumer Products’ Q2FY25 Results:
- Revenue: Expected to rise significantly to ₹3,600 crore from ₹2,168 crore YoY.
- EBITDA: Projected to increase to ₹738 crore compared to ₹557 crore last year.
- EBITDA Margin: Expected to contract slightly to 20.5%, down from 25.71% in Q2FY24.
- Net Profit: Forecasted to be ₹480 crore, a modest rise from ₹445 crore in the same quarter last year.
Investors are closely monitoring the company’s performance, particularly with respect to its EBITDA margin contraction, which may be driven by higher input costs and other operational challenges.
Q2FY25 Earnings Calendar for October 24, 2024:
Other key companies reporting results today include:
- ITC
- IndusInd Bank
- JSW Energy
- Patanjali Foods
- Radico Khaitan
- ACC
- Ujjivan Small Finance Bank
With earnings from major sectors across the market, today’s reports will offer insights into both consumer-driven companies like GodrejCP and industrial players like JSW Energy.
