In contrast to a consolidated net profit of Rs 452.1 crore for the same period last year, Godrej Consumer Products (GODREJCP) recorded a consolidated net loss of Rs 1,893.2 crore for the January–March quarter. This was due to a one-time charge of Rs 2,376 crore on account of restructuring charges.

The firm, which distributes well-known brands like Cinthol, HIT, Good Knight, and Ezee, reported sales of Rs 3,385.6 crore for the March quarter, up 5.8% year over year due to increased demand for its personal care and home goods, per a regulatory filing.

 Q4 Results for Godrej Consumer Products

The business volume of Godrej Consumer Products in India increased by 15%. Compared to Rs 2,730.74 crore during the same time last year, the combined total income from operations for the quarter under review was Rs 2,915.82 crore.

"We are still committed to increasing profitability and pursuing volume-led growth in addition to making sound brand investments. According to our mission to provide customers with the goodness of health and beauty, we are introducing new goods," stated Sudhir Sitapati, MD and CEO.

The market for mosquito incense sticks, valued at Rs 21,200 crore, has been taken over by Goodknight Agarbatti.

For the medium term, this molecule is exclusively owned by GCPL. Volume was the main driver of the 4% rise in Personal Care.

Dividend for Godrej Consumer Products

The company declared a 10 rupee dividend for each share.

Godrej Consumer Products Share Price Target: Citing stronger-than-anticipated performance and the strongest volume increase in the industry, the Zee Business Managing Editor set objectives of Rs 1,265 and Rs 1,280 with a stop loss at Rs 1,210.