Godrej Consumer Products Q3 Results Preview: Firm expected to report strong operational performance in December quarter

Godrej Consumer Goods Capital is expected to report strong operational numbers with a 12 per cent rise in consolidated EBIDTA Year-on-Year (YoY) when it presents its December quarter results on Wednesday (January 31, 2024).

Zee Business research estimates the consumer goods company to report a slight jump of just four per cent in its consolidated profit after tax (PAT), while a jump of two per cent in revenue from operations.

Analysts estimate the company to report Rs 566 crore PAT in the December quarter, which will be slightly above the Rs 546 crore the company reported in the same quarter last fiscal.

The research team expects Godrej Consumer Goods to report revenue from operations of Rs 3680 crore, a two per cent jump from the Rs 3599 crore the company clocked in the same quarter last fiscal.  

The company's earnings before interest, taxes, depreciation and amortization (EBITDA), a key parameter to measure the profitability of a firm, is expected to jump by 12 per cent to Rs 815 crore compared to Rs 727 crore YoY.

The company is likely to report a two per cent jump in its margins for the December quarter. The margins are expected to be 22 per cent in Q3 against 20 per cent in the year-ago period.

From Q3 update

Early this month, in a third-quarter update, Godrej Consumer said that its organic business showed volume growth of 3-5 per cent.

The company said that good growth was seen in both the home care and personal care segments.

Performances of two of its leading products—Park Avenue and Kama Sutra—looked strong, the company said.

It predicted its constant currency (CC) sales to be in double digits.

EBITDA will continue to expand year-on-year, the consumer goods company said in its update.