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Godrej Consumer Products Ltd posts consolidated PAT of Rs. 365.84 crore in Q4FY21



Posted On : 2021-05-11 16:38:57( TIMEZONE : IST )

Godrej Consumer Products Ltd posts consolidated PAT of Rs. 365.84 crore in Q4FY21

GODREJ CONSUMER PRODUCTS LTD. has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.2747.31 crores during the period ended March 31, 2021 as compared to Rs.3070.45 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.365.84 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.502.08 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.3.58 for the period ended March 31, 2021 as compared to Rs.4.91 for the period ended December 31, 2020.

FinancialsQ4 FY20-21Q3 FY20-21% Change
Total Income₹ 2747.31 crs₹ 3070.45 crsDown Tick -10.52%
Net Profit₹ 365.84 crs₹ 502.08 crsDown Tick -27.14%
EPS₹ 3.58₹ 4.91Down Tick -27.09%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.2747.31 crores during the period ended March 31, 2021 as compared to Rs.2202.96 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.365.84 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.229.90 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.3.58 for the period ended March 31, 2021 as compared to Rs.2.25 for the period ended March 31, 2020.

FinancialsQ4 FY20-21Q4 FY19-20% Change
Total Income₹ 2747.31 crs₹ 2202.96 crsUp Tick 24.71%
Net Profit₹ 365.84 crs₹ 229.90 crsUp Tick 59.13%
EPS₹ 3.58₹ 2.25Up Tick 59.11%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.11095.69 crores during the 12 months period ended March 31, 2021 as compared to Rs.10023.10 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.1720.82 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.1496.58 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.16.83 for the 12 months period ended March 31, 2021 as compared to Rs.14.64 for the 12 months period ended March 31, 2020.

FinancialsYear Ended FY20-21Year Ended FY19-20% Change
Total Income₹ 11095.69 crs₹ 10023.10 crsUp Tick 10.7%
Net Profit₹ 1720.82 crs₹ 1496.58 crsUp Tick 14.98%
EPS₹ 16.83₹14.64Up Tick 14.96%

Commenting on the business performance of 4Q FY 2021, Nisaba Godrej, Chairperson and Managing Director, GCPL, said: We delivered a third consecutive quarter of double-digit sales growth. Consolidated sales grew by 27% and EBITDA grew by 21%.

From a category perspective, we saw continued strong growth momentum in the Household Insecticides and Hygiene categories. Hygiene grew by 38%, Household Insecticides grew by 28% and Value For Money products grew by 27%.

From a geography perspective, India grew at 35%. Our Africa, USA and Middle East business continued its robust growth trajectory, growing at 30% in INR and 36% in constant currency terms. Our Indonesian business delivered growth of 5% in INR and 4% in constant currency terms, on a positive growth base.

Going forward, we will continue to focus our efforts where the demand is - in Household Insecticides, Hygiene, and Value For Money. We are investing behind consumer-centric innovations and serving our consumers across all price points. To enable this, we are strengthening our supply chain operations and distribution networks. We are also building up our digitisation capabilities and channels like e-commerce and chemists.

We remain confident of leveraging growth opportunities to drive sustainable, profitable sales growth across our portfolio in FY 2022. We will continue to carefully navigate the challenges of the second wave of COVID-19 in India by ensuring seamless supply chain deliveries, and closely tracking shifts in consumer behaviour to respond to.

Overall, I am extremely proud of our team and the remarkable agility and resilience they continue to demonstrate. We remain committed to doing our very best to truly live The Godrej Way and serve our people and communities.

Shares of GODREJ CONSUMER PRODUCTS LTD. was last trading in BSE at Rs.715.95 as compared to the previous close of Rs. 709.4. The total number of shares traded during the day was 64137 in over 2473 trades.

The stock hit an intraday high of Rs. 717.5 and intraday low of 700.75. The net turnover during the day was Rs. 45541722.

Source : Equity Bulls

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