Latest news with #GodrejConsumer
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Business Standard
08-08-2025
- Business
- Business Standard
Godrej Consumer Products Q1 results review: Time to buy or book profit?
Godrej Consumer Products Q1 results review: Godrej Consumer Products (GCPL) shares rose 1.9 per cent on Friday, August 8, 2025, and logged an intra-day high at ₹1,244.5 per share on BSE. The buying on the counter came a day after the company posted Q1 results, after market hours on Thursday. At 9:19 AM, Godrej Consumer share price was up 1.33 per cent at ₹1,237.25 per share on BSE. In comparison, the Sensex was 0.2 per cent lower at 80,465.76. Godrej Consumer Products Q1 results recap In Q1, GCPL reported a marginal decline in consolidated profit after tax (PAT) to ₹452.45 crore, as compared to ₹450.69 crore year-on-year (Y-o-Y). The company's consolidated revenue from operations in the first quarter stood at ₹3,661.86 crore, as against ₹3,331.58 crore in the year-ago period. Total expenses were higher at ₹3,113.14 crore in the quarter, as compared to ₹2,744.36 crore in the same period last fiscal. For the quarter ended June 30, 2025, exceptional item in the consolidated financial results included an amount of ₹19.54 crore related to litigation settlement in Indonesia. Godrej Consumer Products dividend details The board declared an interim dividend at the rate of ₹5 per share of the face value of ₹1 each. The record date for ascertaining the names of the shareholders who will be entitled to receive dividend is Wednesday, August 13, 2025. The dividend will be paid on or before Saturday, September 6, 2025, according to the filing. Godrej Consumer Products Q1 results analysis: Brokerage view Nuvama Institutional Equities | Buy | Target cut to ₹1,450 from ₹1,460 The brokerage cut its FY26E/27 earnings per share (EPS) estimates by 4–6 per cent, given challenges in Indonesia and India soap business. Further, benefits from Palm Fatty Acid Distillate (PFAD) correction and a recovery in Indonesia are likely Q3FY26 onwards, the brokerage noted. Motilal Oswal | Buy | Target cut to ₹1,400 from ₹1,450 GCPL faced demand headwinds in its Indian business during the quarter due to grammage reduction in soaps, which impacted margins. However, palm oil prices began to moderate towards the end of June. The benefits of this decline are expected to flow through only in H2FY26, the brokerage noted. The company's disruptive innovations, introduction of access packs, and expansion into new growth categories are likely to contribute to the growth trajectory. Additionally, savings in media spends of 200 basis points (bps) will also help restore margins. Besides, there has been a consistent effort to fix gaps in profitability/growth for its international business. Centrum Capital | Reduce | Target ₹1,240 GCPL's volume performance has remained healthy over the last few quarters driven by emerging businesses and formulation change in Household Insecticides (HI), the brokerage note. Further, it believes, company will continue to see healthy volumes and market share gains and expects revenue/ PAT compound annual growth rate (CAGR) of 9.7 per cent/14 per cent over FY25-28E. Antique Stock Broking | From Hold to Buy | Target raised to ₹1,403 from ₹1,328 In light of the improving performance of emerging categories such as fabric care and air fresheners and strong performance of the new Renofluthrin molecule in HI, the brokerage has upgrade its rating to Buy. However, it believes the high-cost personal care inventory will weigh on profitability in the near term, and thus decreases FY26/ 27 earnings estimates by 10 per cent/ 5 per cent, respectively. Jefferies | Buy | Target hiked to ₹1,450 from ₹1,425 The brokerage believes that the company saw margin pressure, but a positive outlook remains intact, according to reports. It added that India soap business declined mainly due to grammage cuts, while and others witnessed strong growth. Indonesia business struggled with price-led competition, which also impacted margins. Africa growth was exceptional but faced margin pressure.
India Today
08-07-2025
- Business
- India Today
Market opening: How will Sensex, Nifty react to Trump's tariff announcement?
Sensex and Nifty are expected to open flat on Tuesday as global markets digest a fresh wave of US tariff President Donald Trump has announced new 25% tariffs on imports from key trade partners, including Japan and South Korea, while also saying that a trade deal with India is close. The news has increased caution among investors, and traders are likely to stay watchful in the early hours of of 8:06 am, the Gift Nifty futures were trading at 25,495.5, suggesting that the Nifty 50 will start the day close to its previous closing level of 25,461.3. The flat indication shows that investors are still uncertain about how the new US trade actions will affect global August 1, the US is expected to enforce higher tariffs, unless agreements are made. So far, only the United Kingdom and Vietnam have finalised deals. India is still in talks with the US, and Trump has indicated that a deal is nearing completion, though no final agreement has been announced US president said on Monday that these tariffs are part of his strategy to rebalance trade relationships. However, the new levies are expected to increase costs on imported goods and may slow economic activity, at least in the short than the actual rates, the lack of clarity and the delay in finalising deals is likely to keep businesses on edge. This uncertainty could lead many companies to delay spending and investment Monday, Wall Street reacted negatively to the news. The S&P 500 Index fell by its largest margin in three weeks, adding to the nervousness in Asian markets. Early on Tuesday, Asian markets were mixed, with the MSCI Asia-Pacific index (excluding Japan) down 0.1%.Sensex and Nifty ended nearly unchanged on Monday. Gains in consumer stocks, especially Godrej Consumer, helped limit the downside in the broader market. Still, investor caution was visible. The benchmark indices are still around 3% below their record highs touched in late September Ambala, Sebi Registered Research Analyst and Co-Founder of Stock Market Today, said the market remains in an overall uptrend. However, the India VIX rose by almost 2%, which suggests that traders should proceed with caution in the short term. Ambala said volatility could remain high for the next few added that broader market performance is still strong on a quarter-over-quarter quarterly earnings updates start rolling in, there could be a lift in sentiment. She also mentioned that while a US-India trade deal may help improve mood, the benefits may be limited to specific sectors. For today's session, she expects the Nifty to find support between 25,330 and 25,180 and face resistance near 25,510 and 25, global trade tensions dominate the headlines, domestic factors like company earnings, foreign investor flows, and inflation data will also play an important role in shaping market direction over the coming weeks. Until then, investors may prefer to wait for clearer signals before making large bets.(Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.)- EndsMust Watch advertisement
Business Recorder
08-07-2025
- Business
- Business Recorder
Indian shares to open muted on tariff jitters; Trump says India deal close
India's benchmark shares are likely to open muted on Tuesday due to uncertainty over U.S. trade policies, as President Donald Trump announced steep import tariffs on several trading partners while signalling that a deal with India was close. The Gift Nifty futures were trading at 25,495.5 points as of 8:06 a.m. IST, indicating that the Nifty 50 will open near its previous close of 25,461.3. Trump on Monday began telling trade partners that the higher U.S. tariffs will start August 1, marking a new phase in the trade war he launched earlier this year. Trump, who announced a 25% levy on key Asian allies Japan and South Korea, added that U.S. was close to striking a deal with India. Tariffs are expected to increase prices and slow growth, although uncertainty over the ultimate policies may be a bigger drag as it leads businesses to postpone decisions. Wall Street slid, with the S&P 500 Index logging its biggest drop in three weeks. Asian markets were mixed on the day, with MSCI's broadest index for Asia-Pacific stocks outside Japan down 0.1%. Trump in April capped all of the so-called reciprocal tariffs with trading partners at 10% until July 9 to allow for negotiations. Only two agreements, with Britain and Vietnam, have been reached so far. India's benchmark indexes Nifty and Sensex ended little changed on Monday, as gains in consumer stocks, led by Godrej Consumer, offset broader market losses, while investor caution lingered. The Nifty and Sensex remain about 3% below their record highs hit on Sept. 27, 2024.
Reuters
08-07-2025
- Business
- Reuters
Indian shares to open muted on tariff jitters; Trump says India deal close
July 8 (Reuters) - India's benchmark shares are likely to open muted on Tuesday due to uncertainty over U.S. trade policies, as President Donald Trump announced steep import tariffs on several trading partners while signalling that a deal with India was close. The Gift Nifty futures were trading at 25,495.5 points as of 8:06 a.m. IST, indicating that the Nifty 50 (.NSEI), opens new tab will open near its previous close of 25,461.3. Trump on Monday began telling trade partners that the higher U.S. tariffs will start August 1, marking a new phase in the trade war he launched earlier this year. Trump, who announced a 25% levy on key Asian allies Japan and South Korea, added that U.S. was close to striking a deal with India. Tariffs are expected to increase prices and slow growth, although uncertainty over the ultimate policies may be a bigger drag as it leads businesses to postpone decisions. Wall Street slid, with the S&P 500 Index (.SPX), opens new tab logging its biggest drop in three weeks. Asian markets were mixed on the day, with MSCI's broadest index for Asia-Pacific stocks outside Japan (.MIAPJ0000PUS), opens new tab down 0.1%. Trump in April capped all of the so-called reciprocal tariffs with trading partners at 10% until July 9 to allow for negotiations. Only two agreements, with Britain and Vietnam, have been reached so far. India's benchmark indexes Nifty and Sensex ended little changed on Monday, as gains in consumer stocks, led by Godrej Consumer, offset broader market losses, while investor caution lingered. The Nifty and Sensex remain about 3% below their record highs hit on Sept. 27, 2024. ** Titan Company ( opens new tab posts 19% increase in domestic sales in first quarter led by higher gold prices, outpacing the 9.3% growth from a year ago ** Kotak Mahindra Bank ( opens new tab says its net advances as on June 30 rose 14% year-on-year, while total deposit average was up 12.9% ** Tata Motors ( opens new tab Britih subsidiary Jaguar Land Rover reports a 10.7% drop in first-quarter sales, hit by a temporary pause in shipments to the U.S and a wind-down of the Jaguar brand's legacy models
Business Recorder
08-07-2025
- Business
- Business Recorder
Indian benchmarks end flat
MUMBAI: Indian equity benchmarks ended little changed on Monday as gains in consumer stocks, led by Godrej Consumer, helped offset broader losses, while investors remained cautious amid growing uncertainty over US trade policy. The Nifty 50 closed largely flat at 25,461.3 and the BSE Sensex rose 0.01% to 83,442.5. The more domestically focused small-cap and mid-cap indexes declined 0.4% and 0.3%, respectively. Nine of the 13 major sectoral indexes ended lower. Consumer stocks, however, drove sectoral gains, rising 1.7%, led by a 6.4% surge in Godrej Consumer Products after the company projected double-digit revenue growth for the June quarter. Analysts also attributed the rise in the consumer index to growing expectations of rural demand recovery and stable monsoon rains.
