Q1FY21 performance of Godrej Consumers Product Limited; growth expected to be in mid-single-digit by ET NOW

Q1FY21 performance of Godrej Consumers Product Limited; growth expected to be in mid-single-digit

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Godrej Consumers Product Limited released its Q1FY21 performance update. The Company expects, at a consolidated level and in INR terms, to deliver revenues only marginally lower than Q1FY20, which is encouraging despite the quarter being temporarily hit by lockdown and social distancing norms across its key markets impacting the company’s supply chain. The volume growth is expected to be in mid-single-digit driven by encouraging sales. The company saw strong growth in the HI category & hygiene category led by strong demand. However, Hair colour and Air Fresher category growth were muted on account of the lockdown. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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