Business

Godrej Individual Products Q1FY25 leads: Net income rises 41% to Rs 451 cr Provider Results

.Sale of items fell 3 per-cent to Rs 3,311 cr.1 minutes read Final Updated: Aug 07 2024|4:57 PM IST.India's Godrej Individual Products reported a smaller-than-expected increase in first-quarter profit on Wednesday, as its own home pesticides viewed soft need.The Cinthol detergent maker disclosed a consolidated internet profit of Rs 451 cr ($ 54 million) for the fourth finished June 30, up coming from Rs 319 cr a year earlier.Analysts carried average expected an earnings of 4.92 billion rupees, according to LSEG data.Purchase of products dropped 3 per cent to Rs 3,311 cr.The business declared its access right into the household pet care service, through which it will put in 5 billion rupees over 5 years.Well-known consumer goods producers have lessened rates to take on smaller sized opponents that deliver more affordable choices, which has detrimentally impacted top-line development.Nonetheless, they are reaping the benefits from a rehabilitation popular in rural areas.Rival Saffola oil producer Marico stated a slightly bigger-than-expected boost in first-quarter profit, while Dabur India disclosed a first-quarter income according to desires.( Only the title and also picture of this record may have been actually revamped due to the Organization Criterion workers the remainder of the material is auto-generated coming from a syndicated feed.) Very First Posted: Aug 07 2024|4:57 PM IST.