Stock To Watch: Godrej Consumer Products Q1 Profit Down 17%, Revenue Up 8%, Share Falls Marginally

Godrej Consumer Products reported its Q1FY23 result today, on August 2, stating the company's profit plunged by 17% to Rs. 345 crore, due to higher input costs. However, its consolidated revenue from operations increased by 8% YoY to Rs. 3,125 crore, and its India business increased by 12%. Additionally, its Africa, the US, and the Middle East regions' sales grew 12% YoY in the same quarter. The company's topline growth reported a 7.2% QoQ increase, and a 9% YoY increase.

Godrej Consumer Products' EBITDA dropped by 13.5% YoY to Rs. 520.8 crore, and the margin fell by 16.66% YoY. The company's India EBITDA margin stood at 22.5% falling by 380 bps YoY. However, the company is anticipating a recovery in consumption and gross margins along with higher marketing investments further.

Good Knight, Cinthol, mitu baby, Ezee, Godrej Proteck, and Hit are the major brand of the company.

Godrej Consumer Products: NSE performance

The current market price of Godrej Consumer Products stood at Rs. 862/share on NSE, falling by 0.32%, till last traded. In the last 5 days, the share price of this company has surged by 1.75% on NSE, and in the last 1 month, its share price has surged by 6.03%. However, in the past 6 months, its stock price has fallen by 5.52%, and in the last 1 year its stock price fell by 12.84%.

The 52-week high level of this stock is Rs. 1,138, and the 52-week low level of this stock is Rs. 660.05.

Market capitalization	Current market price	5 Days performance	1 Month performance
Rs. 88,134 crore	Rs. 862	1.75%%	6.03%

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