Input cost inflation weighs on GCPL in Q1; margin outlook improving2 min read . Updated: 07 Jul 2022, 12:46 AM IST
Godrej Consumer Products expects its India revenues to grow y-o-y by early double-digits in Q1FY23
Godrej Consumer Products Ltd (GCPL) expects consolidated Ebitda margin to contract year-on-year (y-o-y), it said in its business update for the June quarter (Q1FY23). The Ebitda margin in Q1FY22 was 21.3%. The expected contraction is largely because of higher input costs, upfront marketing investments, and a weak performance in Indonesia. This also means Q1FY23 would be the fourth continuous quarter of a y-o-y drop in Ebitda margin.
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