Godrej consumer share price: In the third quarter, the profit of Godrej Consumer fell 14.3%. While there has been a 3% increase in income. At the same time, Ebitda has seen more than 10% decline and margin has seen a decline of about 3%. On an annual basis, the consolidated profit of Godrej Consumer declined to Rs 498 crore as against Rs 581 crore in the same quarter last year. The consolidated income of Godrej Consumer increased to Rs 3,768.4 crore on an annual basis. Whereas in the same quarter of last year, the company’s income was Rs 3,659.6 crore. After the results, the company’s global CFO and President-International Asif Malbari interacted with our colleague channel CNBC-Awaaz and shared further plans to the company.
Regarding the decline in Ebitda and profits, the management of Godrej Consumer said that the growth was flat in the third quarter. There was a decrease in profits on an annual basis. But the margin in India was seen to decline due to temporary reasons.
On raw materials like Palm derivatives, he said that the price of palm oil prices has been seen at the price. However, the company’s EBITDA margin is visible on any scale healthy level.
What are your expectations about volume and pricing growth in the coming quarters?
In response to this question, Asif Malbari said that we are positive about this. Q4 means that growth is expected to be better in the fourth quarter. Apart from this, there is also an estimate of improvement in volume in the next few quarters. But on the other hand, the increase in commodity prices showed pressure on the margin. In FY26, we will again achieve a margin level of 24-26%.
What are the expectations about the budget?
Talking about expectations from the union budget to be presented this time, Malbari said that we are seeing a decrease in conjpction in Urban Middle Class. So we believe that in the budget, there is a need to pay attention to the middle class.
(Disclaimer: The ideas and investment advice on Moneycontrol.com have their own personal views and opinions. Moneycontrol advises users to consult certified experts before making any investment decisions.)