Godrej Consumer Products Q4 Results Preview: Net profit likely to increase 15% to Rs 418 crore on solid volume growth

Godrej Consumer Products — whose popular brands include Cinthol, HIT, Good Knight and Ezee — is all set to report its financial results for the final quarter of the financial year 2022-23 on Wednesday, May 10. Analysts expect strong volume growth, easing input costs and improving market share to drive the profitability for the Mumbai-based FMCG major. 

According to Zee Business research, Godrej Consumer Products (GODREJCP) is likely to report a net profit of Rs 418 crore for the quarter ended March 2023, which translates to growth of 15 per cent compared with the corresponding period a year ago. They estimate the company's revenue growth at 10 per cent to Rs 3,221 crore. 

The company is expected to report Rs 605 crore in earnings before interest, taxes, depreciation and ammortisation (EBITDA), marking an increase of 24 per cent compared with the year-ago period. 

Godrej Consumer's margin —  a key measure of a business's profitability — is likely to have improved by 200 basis points to 19 per cent. 

Analysts expect the company's domestic business to see significant growth and its Africa business to register value growth of 4-5 per cent.

Godrej Consumer Products Q4 business update 

In a business update, released in April, Godrej Consumer Products had said that consumer demand trends in India remained steady throughout the January-March period, with a gradual recovery expected in the FMCG space.

Here are some highlights from the business update: 

• India business performance exceeded expectations especially on volume front
• Overall, broad-based growth led by double-digit volume and value growth in home care and personal care segments

Godrej Consumer Products: Historical performance 

Godrej Consumer Products shares grew 10.8 per cent in value in the March quarter, a period in which the Sensex index declined three per cent. 

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