Godrej Consumer Products disclosed a substantial rise in consolidated net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 38.88% to Rs 1,992.30 million from Rs 1,434.50 million in the same quarter previous year.
Revenues for the quarter rose 11.07% to Rs 20,976.60 million, compared with Rs 18,885 million for the prior year period.
Earnings per share for the quarter stood at Rs 5.85, registering 38.95% growth over previous year period.
1Q FY 2016 consolidated organic constant currency net sales increased by 12%-India business branded net sales increased by 13%, led by 13% volume growth and double-digit value growth across core categories; International business grew by 13% on an organic constant currency basis.
1Q FY 2016 consolidated organic constant currency EBITDA increased by 32%, driven by a robust growth of 23% in the India business and 44% in the international business.
1Q FY 2016 consolidated net profit without exceptionals and one-offs increased by 53%.
GCPL continues to deliver competitive performance in its core categories, across geographies. GCPL was ranked as the number 1 FMCG company to work for in India by the Great Place to Work Institute.
The board has declared an interim dividend of 100% (Rs 1.00 a share).
| Quarterly Results - Consolidated (Rs in mn) |
| As at | Jun - 15 | Jun - 14 | %Change |
| Revenues | 20,976.60 | 18,885.10 | 11.07 |
| Net Profit | 1,992.30 | 1,434.50 | 38.88 |
| Diluted EPS | 5.85 | 4.21 | 38.95 |
Shares of the company gained Rs 44, or 3.66%, to trade at Rs 1,245.15. The total volume of shares traded was 71,181 at the BSE (1.03 p.m., Wednesday).
