ADVERTISEMENT

Godrej Consumer Products - Broad-Based Growth In Domestic Home Care, Personal Care: Motilal Oswal

Godrej Consumer Products - Broad-Based Growth In Domestic Home Care, Personal Care: Motilal Oswal

<div class="paragraphs"><p>Range of Godrej Consumer Products kept in basket. (Source: BloombergQuint)</p></div>
Range of Godrej Consumer Products kept in basket. (Source: BloombergQuint)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Godrej Consumer Products Ltd. released its pre-quarterly update for Q3 FY22. Here are the key highlights:

  • Demand trends remained stable in Godrej Consumer Product’s categories and across the key countries that it operates in. The quarter saw high input cost inflation, with lower volume growth and higher price growth.

  • In India, the company expects to deliver near high single-digit sales growth (double-digit two-year compound annual growth rate), mostly driven by price increases. Sales growth was broad-based in the home care and personal care categories.

  • In Indonesia, Godrej Consumer Products expects a marginal decline in constant currency sales. The management continues to drive category development.

  • In Godrej Africa, the U.S., and the Middle East, the growth momentum continued across most key countries that it operates in.

Click on the attachment to read the full report:

Motilal Oswal Godrej Consumer Products Company Update.pdf

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.