Latest news with #Cinthol
&w=3840&q=100)
Business Standard
07-07-2025
- Business
- Business Standard
GCPL shares soar 6% on strong Q1 growth update; best session in 4 months
Shares of Godrej Consumer Products Ltd. (GCPL) surged nearly 6 per cent on Monday as they expect to deliver a strong quarterly performance in the first three months of the current financial year. The consumer giant's stock rose as much as 5.96 per cent during the day to ₹1,264 per share, the steepest intraday gain since February 1 this year. The stock trimmed some gains to trade 4.8 per cent higher at ₹1,251 apiece, compared to a 0.08 per cent advance in Nifty 50 as of 9:37 AM. Shares of the company rose for the second day on Monday and currently trade at 28 times the average 30-day trading volume, according to Bloomberg. The counter has risen 15.7 per cent this year, compared to a 7.7 per cent advance in the benchmark Nifty 50. Godrej Consumer Products has a total market capitalisation of ₹.28 trillion. Godrej Consumer Q1 business update The fast-moving consumer goods (FMCG) major is likely to deliver high-single-digit value growth on the back of mid-single-digit Underlying Volume Growth (UVG), according to an exchange filing. Volume growth has been strongly competitive and is sequentially improving, it said. At a consolidated level, the company expect double-digit rupee revenue growth on the back of high-single-digit UVG. The Home Care segment has continued on a broad-based and strong growth trajectory, and is likely to deliver double-digit value growth. In contrast, the Personal Care segment is expected to see low single-digit value growth, impacted by softness in soaps. Excluding soaps, the standalone business is expected to post a very strong performance this quarter, led by double-digit UVG. As guided earlier, the consumer giant expects the performance to improve sequentially in FY26. "We believe for FY26, we are on track to deliver mid-high-single digit UVG for Standalone business, high-single digit consolidated rupee revenue growth and double-digit consolidated Ebitda growth for the full year." Indonesian businesses faced a significant increase in competitive pricing action across all major categories, it noted, resulting in in flattish UVG. However, GAUM (Godrej Africa, USA, and Middle East) business is likely to deliver strong double-digit value growth and UVG for the second consecutive quarter, it added. Godrej Consumer Q4 results The FMCG major reported a consolidated net profit of ₹411.9 crore for the fourth quarter ended March 2025, helped by a volume growth in the domestic market. Total revenue from operations was at ₹3,597.95 crore during the quarter under review. About Godrej Consumer Products Godrej Consumer Products is among the leading Indian consumer goods companies, part of the Godrej Group. The company manufactures a diverse range of products, including personal care, home care, and hair care, with popular brands like Cinthol, Godrej No. 1, and Godrej Expert. GCPL is particularly known for its soaps, shampoos, deodorants, and skin care products, which are widely used across India and other countries.
Time of India
04-07-2025
- Business
- Time of India
Marico, Godrej Consumer, Dabur say sequential recovery in Q1; maintain caution on commodity inflation
Packaged consumer goods makers Godrej Consumer Products , Marico and Dabur indicated sequential recovery in urban and rural markets for the April-June '25 quarter in their respective quarter updates on Friday aided by easing inflation of some commodities, good monsoons and policy incentives, signalling some relief for the sector after five quarters of slowing demand. However, the companies said some of the momentum was impacted by summer rains denting demand for seasonal products and cautioned that select inflationary trends continued. 'During the quarter, the sector exhibited consistent demand patterns, marked by improving trends in rural markets and steady urban sentiment. We expect gradual improvement in the quarters ahead, supported by easing inflation, a favourable monsoon season and policy stimulus,' Marico, maker of Parachute hair oils and Saffola edible oils, said. The company noted that underlying volume growth in the India business continued to improve sequentially to reach a multi-quarter high. Researcher NielsenIQ had said in its January-March quarter update that volume growth, or number of units sold, had slowed down in the March quarter to 5.1% compared to 6.1% in the year-ago quarter, as consumers switched to small-value packs amid inflation and cutback on discretionary spending. The researcher had said the FMCG industry grew 11% year on year by value, driven by a 5.6% price hike. NielsenIQ has not yet released April-June quarter data. Godrej Consumer Products, which makes Cinthol soap and Goodknight repellents, said in its quarter review that it expects consolidated revenue to grow in double-digits, and standalone revenue to report high-single digit growth on the back of underlying volume growth (UVG). 'Volume growth has been strongly competitive and is sequentially Improving,' the company said. Godrej said palm oil prices, a key ingredient for soaps, have started to moderate from Jun'25 end, and benefit of the same is likely to flow in 2HFY26. Dabur, which makes Real juice and Vatika shampoo, said it expects sequential urban recovery on the back of favourable monsoons, strong farm output, easing inflation and government measures supporting consumption as factors that would support higher revenue growth in the coming quarters. 'Due to the decline in beverages, Dabur's consolidated revenue is expected to rise in the low single digits, with operating profit growth marginally trailing revenue growth,' Dabur said in a stock exchange filing. It added that investments in brand building, distribution, backend strengthening and operational efficiency will continue through the year. However, concerns of inflation of some key commodities persist, impacting gross margins which could continue to be under incremental pressure on a high base, the FMCG companies noted. 'Among key inputs, copra prices continued to witness sequential inflation, which was heightened by unseasonal rainfall patterns. Vegetable oil prices eased following the cut in import duty, while crude oil derivatives remained rangebound,' Marico said.
Time of India
01-07-2025
- Business
- Time of India
Marico's Somasree Bose Awasthi moves on
HighlightsSomasree Bose Awasthi has resigned from her position as Chief Marketing Officer at Marico after nearly three years in the role, which began in November 2022. Previously, Awasthi had a successful 15-year career at Godrej Consumer Products Limited, where she rose to the position of Chief Marketing Officer for India and was instrumental in launching the Godrej Aer air freshener brand. Awasthi holds the distinction of being the first woman to serve as an Area Sales Manager in the Fast-Moving Consumer Goods sector in Eastern India and is a gold medallist from the Xavier Institute of Management, Bhubaneswar, with an MBA in Marketing and Human Resources. Somasree Bose Awasthi has stepped down from her role as Chief Marketing Officer (CMO) at Marico , bringing to an end a tenure of nearly three years that commenced in November 2022. At Marico, she held the crucial responsibility of guiding brand strategy, leading marketing initiatives, and fostering innovation across the company's diverse product portfolio. Before joining Marico, Awasthi built an extensive career spanning over 15 years at Godrej Consumer Products (GCPL). Starting as a management trainee in 2003, she steadily climbed the ranks to become GCPL's chief marketing officer for India in 2021, having held various leadership positions in both marketing and sales. Her achievements at GCPL were notable, including her involvement in the successful launch and subsequent scaling of Godrej Aer in the air freshener category, as well as contributing significantly to the growth of the household insecticide brand HIT. Awasthi also played a key role in the revival of soap brands such as Cinthol and Godrej No.1 and pioneered the initial efforts in developing GCPL's direct-to-consumer (D2C) strategy. During her time at the company, Awasthi was instrumental in fortifying marketing talent, streamlining processes and cultivating a robust innovation pipeline. A trailblazer in her early career, Awasthi holds the distinction of being the first woman to serve as an Area Sales Manager in the FMCG sector in Eastern India. Academically, she is a gold medallist from the Xavier Institute of Management , Bhubaneswar (XIMB), where she earned her MBA in Marketing and Human Resources.
Time of India
16-06-2025
- Business
- Time of India
FMCG companies fear West Asia unrest may drive up input prices
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Companies making packaged foods and beverages, detergent and paint said the ongoing West Asian conflict may drive up crude oil prices again and potentially hurt demand further, just as input costs had started to stabilise."Geopolitical tensions in the Middle East could pose short-term headwinds, by driving up crude oil prices," said Krishna Khatwani, head of sales, Godrej Consumer Products , which makes Cinthol soap and GoodKnight mosquito repellent. "This may drive up the prices of the overall purchase basket and pinch consumers."Conflict has broken out at a time when consumer goods companies had started to indicate early signs of demand picking up after five quarters, buoyed by interest rate cuts by the Reserve Bank of India (RBI), tax benefits introduced in the budget and the early onset of the monsoon."Disruptions to the Middle East's energy infrastructure could trigger a significant supply shock, driving up crude oil prices," said Angelo George, chief executive of packaged water company Bisleri International. "This may lead to a medium-term escalation in the cost of crude-based packaging materials-posing a challenge for companies heavily reliant on plastics."Two weeks back, Bisleri had announced a strategic partnership with Dubai retail chain Apparel Group to manufacture, market and distribute the Indian company's products in West Asia and Africa, beginning with the United Arab Emirates (UAE).While companies hedge and engage in forward buying for at least six months, any disruptions in crude could derail the relief companies were expecting after a protracted slowdown, especially in urban markets, executives said. Dabur is closely watching the geopolitical situation in West Asia, said Mohit Malhotra, chief executive at the maker of Real juices."With retail food inflation cooling to a seven-month low and the forecast of a good monsoon this year, coupled with the fiscal stimulus measures announced by the government recently, the industry was hopeful that FMCG (fast-moving consumer goods) demand would bounce back in the second half of the year," he said.A few weeks back, producers of daily essentials had halted price hikes after three consecutive quarters of increases on the back of prices of commodities such as palm oil and wheat stabilising. The prices of groceries had risen 5-20% amid surging raw material and packaging costs. Researcher NielsenIQ had said in its January-March quarter update that the FMCG industry grew 11% year on year by value, driven by a 5.6% price derivatives contribute to 20-25% of makers of foods and about 40% for paint companies. These are widely used in the FMCG sector , as direct raw material in products such as paints and detergents and in the material used for packaging foods and beverages among others. After falling to its lowest prices in three years, Brent crude-the main international benchmark-is now at $75, over 15% higher than last past few quarters have seen inflation-impacted consumers either downtrading to buy lower-priced products or cutting back on discretionary spending, hurting demand.
Economic Times
25-05-2025
- Business
- Economic Times
India Inc's climate response: How top companies are safeguarding staff, operations from extreme weather
ANI Representational image As freak weather events become the new normal- —from heavy rains lashing Bengaluru and Pune to Delhi-NCR's 'feels like' 50°C heat—corporate India is moving swiftly to safeguard its workforce and minimise manufacturing and operational disruptions. Companies like Godrej Consumer Products, ITC, Dabur, CEAT, Raychem RPG, Vedanta and KPMG are rolling out multiple initiatives to adapt to unforeseen climate shifts- —from redesigning infrastructure to revising work schedules. At Godrej Consumer, for instance, new factory sites are being constructed with their finished floor levels elevated above the highest flood levels recorded in the past 50 years. 'This will help reduce the risk of operational disruptions due to flooding,' said Saurabh Jhawar, product supply organisation head for India and Saarc at the maker of Cinthol talc and GoodKnight conglomerate ITC and energy and electric infrastructure solutions provider Raychem RPG have restricted outdoor working hours to beat the heat. Raychem RPG—an equal joint venture between RPG Enterprises and TE Connectivity of the US that employs 2,889 blue-collar workers and 835 white-collar staff—has instructed all employees and contractor staff to not work in the open area between 12 pm to 4 pm, added buttermilk to its menu, and deployed AC buses for commuting workers, a company spokesperson said. Strategic Safeguards ITC has installed extra water coolers and conducts regular awareness sessions led by company doctors. 'The measures put in place depend on the geographic location of the unit, nature of work and are aligned to the requirements of employees,' a company spokesperson said. Tyre manufacturer CEAT has introduced a car policy for long-distance commutes of field staff in intense heat, chill, or heavy rains. It is conducting awareness sessions and putting strategic safeguards in place, a company spokesperson goods maker Dabur has equipped its factories with Turbo-vents, dehumidifiers, ceiling fans, desert coolers, door curtains, thermal insulation on windows, and puff panels, its executive director-HR Biplab Bakshi resources and technology conglomerate Vedanta is distributing hydration products to each employee in high-heat zones like potlines, underground mines, and power plants this summer season. 'We have rolled out a comprehensive summer wellbeing programme focused on both employees and their families,' said Madhu Srivastava, chief HR officer of Vedanta Ltd. These include summer camps for children of its close to 50,000 employees, including white-collar and blue-collar workers, she said. At professional services firm KPMG, employees can avail work-from-home options in case of extreme weather conditions if the work permits, a spokesperson said. After being caught off guard by some extreme weather conditions like flash floods and last year's record high temperatures, companies across industries are taking precautions to protect their employees and infrastructure, particularly in vulnerable localities, and to ensure minimum disruptions in logistics and other operations. 'As climate patterns shift, we continue to invest in solutions that prioritise safety, efficiency, and sustainability in our operations,' Jhawar of Godrej said. 'To mitigate the impact of high temperatures, our factories are equipped with roof insulation, HVLS fans, and spot cooling systems.
