Business

Godrej Individual Products Q1FY25 results: Internet revenue climbs 41% to Rs 451 cr Company Results

.Purchase of items fell 3 per-cent to Rs 3,311 cr.1 min read through Last Improved: Aug 07 2024|4:57 PM IST.India's Godrej Buyer Products disclosed a smaller-than-expected growth in first-quarter profit on Wednesday, as its own home pesticides saw smooth requirement.The Cinthol soap producer disclosed a combined net earnings of Rs 451 cr ($ 54 million) for the quarter ended June 30, up coming from Rs 319 cr a year previously.Experts had on average anticipated a profit of 4.92 billion rupees, based on LSEG records.Purchase of items dropped 3 per-cent to Rs 3,311 cr.The company revealed its own access into the dog treatment business, in which it is going to put in 5 billion rupees over 5 years.Branded consumer goods manufacturers have lessened prices to take on smaller sized opponents that use cheaper alternatives, which has actually adversely affected top-line growth.However, they are profiting from a rehabilitation in demand in rural areas.Competing Saffola oil maker Marico disclosed a somewhat bigger-than-expected increase in first-quarter profit, while Dabur India stated a first-quarter earnings according to assumptions.( Just the title as well as picture of this file might have been actually modified by the Business Criterion staff the rest of the information is auto-generated from a syndicated feed.) First Released: Aug 07 2024|4:57 PM IST.