Godrej Consumer eyes double-digit domestic sales growth in Q1 of FY23

Godrej Consumer, however, expects a mid-single-digit volume drop on a high base in the quarter

Godrej Consumer Products expects to deliver double-digit sales growth in its India business despite a high base in the year ago quarter, the company said in its quarterly update ahead of announcing its results for the April-June quarter.

However, it sees volume growth dropping to mid-single digits due to a high base in the quarter. On a three-year CAGR (compounded annual growth rate) basis, it said its sales are in early double digits and volume is in mid-single digits.

“We witnessed a mixed performance in our personal care and home care categories,” the maker of Control soaps said in its