The company announced Q4 results during trading hours today, 30 April 2013.
Meanwhile, the S&P BSE Sensex was down 8.03 points or 0.04% at 19,379.47.
On BSE, 2.14 lakh shares were traded in the counter as against average daily volume of 12,285 shares in the past one quarter.
The stock witnessed high volatility. The stock rose as much as 5.39% at the day's high of Rs 902 so far during the day. The stock lost as much as 5.11% at the day's low of Rs 812 so far during the day. The stock had hit a 52-week low of Rs 465 on 12 June 2012. The stock had hit a record high of Rs 935.95 on 25 April 2013.
The stock had outperformed the market over the past one month till 29 April 2013, surging 9.82% compared with the Sensex's 2.93% rise. The scrip had outperformed the market in past one quarter, jumping 18.16% as against Sensex's 3.02% fall.
The large-cap company has equity capital of Rs 34.03 crore. Face value per share is Re 1.
Godrej Consumer Products' (GCPL) consolidated net sales rose 30% to Rs 1716 crore in Q4 March 2013 over Q4 March 2012. Consolidated net profit after minority interest surged 73% to Rs 334 crore in Q4 March 2013 over Q4 March 2013. Earnings before interest, taxation, depreciation and amortization (EBITDA) rose 12% to Rs 279 crore in Q4 March 2013 over Q4 March 2012.
GCPL's consolidated net profit rose 9.54% to Rs 796.10 crore on 31.65% growth in total income to Rs 6475.22 crore in the year ended 31 March 2013 (FY 2013) over the year ended 31 March 2012 (FY 2012).
Commenting on the company's performance, Adi Godrej, Chairman, GCPL said, "We delivered another quarter with robust operating performance. Our sales growth remains healthy and we continue to carry forward the strong momentum from the earlier quarters. We continue to intensify our focus on innovation. Over the last few quarters, we have had several major launches, which have been backed with strong marketing investments. The response to our new launches has been very encouraging. Our EBITDA growth has been lower than sales growth during this quarter on the back of high marketing investments for the new launches. As these launches scale up in subsequent quarters, we will see further improvement to our bottom line. While the macroeconomic and socio-political environment continues to be challenging in some of the countries in which we operate, I believe our strong performance is a reflection of clear strategic focus, superior execution and our top notch team. Going forward, we remain optimistic of continuing the strong sales growth momentum and expect our profit performance to improve on the back of stronger traction from our launches and favourable input prices".
GCPL's board of directors at a meeting held today, 30 April 2013, declared interim dividend of Rs 2 per share for FY 2013.
GCPL is a major player in the Indian FMCG market, with leading household and personal care products. It is one of the largest marketers of toilet soaps in the country and is also a leader in hair colours and household insecticides. It has a strong emerging presence in markets outside India.
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