Shares of Godrej Consumer Products Ltd (GCPL) dropped 5% on the release of the company’s June quarter FY25 results. The consolidated profit after tax increased by 41.36% to Rs 450.69 crore as a result of decreased raw material prices, the overall performance fell short of market expectations.
Profit after tax (PAT) was Rs 450.69 crore, up from Rs 318.82 crore in the same period last year. Total revenue was Rs 3,331.58 crore, down from Rs 3,448.91 crore in the previous year. Total expenses fell to Rs 2,744.36 crore from Rs 2,956.36 crore the previous year. The cost of raw materials is Rs 1,289.68 crore, down from Rs 1,641.25 crore the previous year.
As of 10:54 am, Godrej Consumer shares were trading 3.65% lower at ₹1,448.90 on the NSE.
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