India's Godrej Consumer expects volume-driven first-quarter revenue rise

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.