Godrej Consumer said on Friday it expects consolidated revenue to rise in the quarter ended June 30, driven by high-single-digit underlying volume growth.
The maker of Goodknight mosquito repellents and Cinthol soaps said it took calibrated price increases during the quarter to offset elevated input costs, and expects margins to recover progressively through fiscal 2027 as commodity prices begin to ease.
Here are some more details:
* Godrej Consumer expects to deliver high-teens revenue growth in the first quarter, on a consolidated level.
* On a standalone basis, the company is likely to deliver double-digit revenue growth in the first quarter
* Q1 Consolidated EBITDA expected to exceed double-digit guidance.
* In April, Godrej had said it expects 6-9% cost hit due to rising Brent crude and palm oil prices in the wake of the Middle East conflict.
* On Friday, it said input costs began easing toward the end of the quarter, offering scope for margin recovery.
* The company said it is on track to meet its full-year guidance and sees a strong likelihood of exceeding targets on select metrics.
* The company's Indonesia business, a key overseas market that had struggled with competition and weak demand in recent years, delivered revenue growth in the mid-teens.
* Godrej Africa, USA, and Middle East (GUAM) business reported a double-digit sales growth on the back of strong demand across geographies and categories.
