Godrej Consumer Shares Hit 52-Week High Following Impressive Q3 Financial Results

Godrej Consumer witnessed a remarkable surge in its stock prices, experiencing a 12% spike and achieving a 52-week high of Rs 1,314.30 on February 1. This notable uptrend followed the company’s release of robust quarterly earnings for the period spanning October to December.

 

In its comprehensive quarterly update, Godrej Consumer disclosed a noteworthy 6.4% year-on-year increase in its consolidated net profit, reaching Rs 581.1 crore for the quarter. This substantial increase compared to the Rs 546.3 crore reported in the corresponding quarter of the previous year.

The company’s total revenue for the quarter amounted to Rs 3659.6 crore, indicating a marginal uptick of 1.7% year-on-year from the Rs 3,599 crore reported in the equivalent quarter of the preceding fiscal year. The marginal growth in consolidated revenue was attributed to the devaluation of the Naira and the Argentine Peso, impacting the company’s international operations.

During this period, the EBITDA (earnings before interest, tax, depreciation, and amortization) for the quarter exhibited robust growth, registering a commendable 15.7% year-on-year increase to Rs 840.7 crore. Furthermore, the EBITDA margins expanded by 28 basis points during the quarter, culminating in a substantial 23% margin.

Godrej Consumer also made strategic moves in product expansion during the quarter, launching two new products in the Indian market: Godrej Fab Liquid Detergent and Goodknight Agarbatti. This strategic product diversification reflects the company’s commitment to innovation and market responsiveness.

Breaking down the performance by segment, the home care segment demonstrated a robust 5% year-on-year growth. Meanwhile, the personal care segment experienced a commendable 2% year-on-year growth.

As of 12:08 pm, the shares of Godrej Consumer were trading at Rs 1,273.15 on the NSE, reflecting a noteworthy 9.36% increase. This surge in market value underscores the investor confidence in the company’s financial performance and strategic initiatives, positioning Godrej Consumer as a standout player in the market.

Godrej Consumer Products shares overview

 

Market Cap ₹ 1,28,546 Cr.
Current Price ₹ 1,257
High / Low ₹ 1314 / ₹ 894
Stock P/E 68.8
Book Value ₹ 142
Dividend Yield 0.39 %
ROCE 16.5 %
ROE 13.5 %
Face Value ₹ 1.00

 

Godrej Consumer Products Financials

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