Godrej Consumer Products: Operating performance to demand trends, what investors must know

In India, Godrej Consumer Products expects to deliver a second consecutive quarter of close to low double-digit sales growth, driven by higher than mid-single digit volume growth. This is led by Soaps, which is expected to deliver strong mid-teen growth. Following a sharp recovery by Godrej Consumer Products, Hair Colours is also expected to deliver mid-teen growth. Household Insecticides is expected to deliver close to high single-digit growth. Godrej Consumer continues the robust scale up of our Personal and Home Hygiene category.

In Indonesia, Godrej Consumer Products expects a very marginal decline in constant currency sales. This is impacted by challenging macroeconomic variables, a gradual recovery in the Air Fresheners category, and high competitive intensity in the Wet Wipes category.

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In Africa, USA and Middle East, growth momentum continued across most of Godrej Consumer Products key regions of operations. Godrej Consumer expects to deliver high teen constant currency sales growth, a second consecutive quarter of double digit sales growth. Godrej Consumer continues to put in place building blocks for the future, and is focused on driving sustainable, profitable sales growth.

Godrej Consumer Products expects sales growth in our Latin America business to remain strong in constant currency terms. Godrej Consumers SAARC business also continues to deliver healthy sales growth.
At a consolidated level, Godrej Consumer continues to leverage our category and geographic portfolio well, and expect to deliver a second consecutive quarter of close to low double-digit sales growth.

Godrej Group enjoys the patronage of 1.15 bn consumers globally, across different businesses. In line with our 3 by 3 approach to international expansion at Godrej Consumer Products, we are building a presence in 3 emerging markets (Asia, Africa, Latin America) across 3 categories (home care, personal wash, hair care).