FMCG company Godrej Consumer Products ' fourth quarter
consolidated net profit rose 36% year-on-year to Rs 193 crore, helped by strong
sales growth.
Net sales for the three-month period were up 31% from a year
ago to Rs 1,323 crore. The company also crossed USD 1 billion revenue for
fiscal 2012.
Godrej Consumer's sales in the soaps category (personal
wash) rose 30% year-on-year, with 17% volume growth. Household insecticide
sales were up 28% and hair care segment saw 13% growth in Jan-March quarter.
In its international operations, sales were up 49% to Rs 518
crore, while domestic sales rose 21% to Rs 807 crore.
"On all operating parameters, the business has done extremely
well. While the macroeconomic environment continues to be challenging, I
believe our strong performance is a reflection of the robustness of our
business model, a great team and our ability to efficiently manage risks and
challenges. I continue to be very confident of the opportunities for GCPL both
in India and overseas. We will continue to pursue a prudent but aggressive
growth strategy through a blend of organic and inorganic initiatives,"
Chairman Adi Godrej said.
The company's EBITDA margin was at 18.9% in Jan-March, up
150 bps year-on-year.
Godrej Consumer shares hit a 52-week high of Rs 541.90 on
NSE as investors cheered the
company's results. At 13:00 hrs, the stock was up
1.5% at Rs 534.75.
Source: www.moneycontrol.com
Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd 
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