Godrej Consumer Products Ltd News

Godrej Consumer shares sink 10%, HUL 4%; why are FMCG stocks falling today?

Godrej Consumer believes that due to an increase in soap prices, unseasonal rainfall, and slowdown in sales of its home insecticides (HI) segment a 'flattish' underlying volume growth

FMCG woes: HUL, Dabur, Godrej Consumer risk up to 15% downside; show charts

As FMCG shares led by Godrej Consumer fell up to 11% on Monday post the volume growth concern; the Nifty FMCG index slipped below its 20-DMA after a two-week struggle; chart hints at further 4.5% dip.

GCPL expects flattish volume growth in Q3 sales on rise in soap prices

Impacted by an increase in soap prices and unseasonal rainfall slowing down sales of the home insecticides (HI) segment, Godrej Consumer Products expects a "flattish" underlying volume growth and a mid-single-digit sales growth in the domestic market in the December quarter. Both segments jointly contribute to two-thirds of GCPL's standalone revenue -- mainly income from operations from the domestic market. However, the rest of the portfolio is demonstrating good performance and is expected to deliver double-digit underlying volume growth, Godrej Consumer Products Ltd (GCPL) said in an update on business conditions and quarterly performance to the exchanges. "The demand conditions in India have been subdued for the past few months which is evident in the FMCG market growth," it said. A surge in palm oil and derivatives prices to the extent of a year-on-year increase of 20-30 per cent has impacted the soaps category, representing one-third of GCPL's standalone business revenue. "To

Strong India biz growth to drive gains for Godrej Consumer Products

India revenue grew 6 per cent Y-o-Y with 7 per cent volume growth. Home Care had 12 per cent growth

Godrej Consumer gains 5% post Q2FY25 results; profit rises 13% YoY

FMCG major Godrej Consumer Products shares jumped 4.89 per cent at Rs 1,315.95 per share on the BSE

FMCG index slips 3% on weak Q2 results; HUL tanks 8%, Nestle hits 52-wk low

In the past one month, the FMCG index has tanked nearly 11 per cent, as against 6 per cent decline in the BSE Sensex.

Granules, GCPL, RECL among 4 F&O stocks with bearish bets; more pain likely

F&O Cues: Granules India has shed 20.8% on the back of 78% increase in OI in the last four days; here's a trading guide for stocks with short buildup in the September series.

F&O Insights: Nifty, Bank Nifty premium rises, PCR dips; check key levels

Derivatives market update for Sept 17: The premium in Nifty Sept futures jumped to 58 pts, and Bank Nifty to 100 pts; whereas, the PCR declined to near 1 levels indicating positive to sideways trend.

Godrej Consumer MD and CEO Sudhir Sitapati throws weight behind Dhaval Buch

Godrej Consumer Products MD & CEO Sudhir Sitapati has thrown his support behind Dhaval Buch, husband of embattled Sebi Chairperson Madhabi Puri Buch, stating that it could be the side effects of what happens when the worlds of government and the private sector collide. Dhaval and Madhabi have been facing allegations of conflict of interest over providing consultancy services to corporates. In a post on networking platform LinkedIn, he said unless the context of the top professionals coming from the corporate world is understood, there could be a situation where no senior person from the private sector would ever consider a government job. Given the cusp of change India is at, "there is a lot of talent in the private sector that the government could use, and we probably need to reconsider our old socialist biases against everything private," he said. "I have known of and then known Dhaval Buch for the 22 years that I worked at Hindustan Unilever. I was much his junior, but in a ...

F&O Insights: FIIs up long bets in Nifty; 7 stocks in F&O ban today

Derivatives market update for Sept 16: Bank Nifty Sept futures traded at a discount to spot for the 2nd straight day on Friday. Among stocks, Muthoot Fin, Can Fin Homes, Bharat Forge saw long buildup.

Godrej Consumer falls 5% as Q1 nos miss estimates; forays into pet care mkt

The fall in the stock price came after the company's June quarter (Q1FY25) numbers missed the street estimates.

Godrej Consumer Products to enter into pet care business in India

The maker of Good Knight said it will invest Rs 500 crore in its pet care business over a period of five years

Godrej Consumer Products Q1FY25 results: Net profit rises 41% to Rs 451 cr

Branded consumer goods makers have reduced prices to compete with smaller rivals that offer cheaper alternatives, which has negatively impacted top-line growth

Godrej Consumer invests over Rs 1,000 crore on advertising in FY24

FMCG major Godrej Consumer's advertising investment shot up by 47 per cent to Rs 1,011 crore in FY24 in the domestic market, even as it has reduced SKUs by around 30 per cent through a rationalisation process. Godrej Consumer Products Ltd (GCPL), which aims for double-digit volume growth, is spending more on brands, automation and SKU rationalisation with a "keen focus on simplification", according to the latest annual report of the company. "In line with our strategy of category development, we have made significant investments in advertising. We were the fifth largest advertiser in India in 2023, from being number 17 in 2021. We are adding to this with investments in distribution," GCPL Managing Director and CEO Sudhir Sitapati said. GCPL's spending on 'Advertising and Publicity' was Rs 1,011 crore for the financial year ended March 2024. This was 47 per cent higher than Rs 687.34 crore a year before. "In India, we are now spending over Rs 1,000 crore in advertising, from Rs 350-

RKN Enterprises sold 1.11% stake in GCPL to other Godrej family members

On May 2 this year, the Godrej family had announced an amicable settlement under which the Adi-Nadir and Jamshyd-Smita families bought each other's stakes for zero consideration in each other's cos

Godrej Consumer Products develops indigenous mosquito repellent molecule

GCPL holds exclusive rights to use Renofluthrin in its products for six to eight years

Nestle, VBL, Godrej Cons: Nuvama picks these FMCG stocks on robust outlook

The rural markets have outpaced urban demand, registering a 7.6 per cent increase compared to a 5.7 percent rise in urban areas, in the March quarter of FY24