The shares of Godrej Consumer runs flat at 0.61% after opening negative at ₹969.50 against the previous close of ₹976.60. The shares witnessed the high of ₹988.85 and are currently trading flat after the Q2 consolidated volume growth seen in mid-single digits.
Godrej Consumer Products Ltd (GCPL) achieved steady mid-single-digit volume growth in the Indian market for the July-September quarter, overcoming challenges from weak economic conditions and adverse weather. Home Care and Personal Care segments saw mid and low-single-digit growth, respectively.
The recently acquired brands, Park Avenue and KamaSutra, are progressing well towards meeting their full-year targets. Internationally, GCPL’s business in Indonesia showed substantial improvement, with double-digit volume and value growth. The Godrej Africa, USA, and Middle East (GAUM) regions demonstrated consistent performance, with mid-teens sales growth in constant currency terms.
At 11:05 AM the shares of Godrej Consumer were up 0.33% or 3.25 at ₹979.85
