Godrej Consumer Products (GCPL), one of the leading FMCG companies, posted a steady growth in consolidated net profit for the quarter ended March 2015. During the quarter, the profit of the company rose 12.40% to Rs 2,655.70 million from Rs 2,362.80 million in the same quarter previous year.
Net sales for the quarter rose 8.13% to Rs 21,094.80 million, compared with Rs 19,509 million for the prior year period.
4Q FY 2015 consolidated organic constant currency net sales increased by 12% - India business branded net sales increased by 12%, led by double digit growth across categories. International business grew by 14% on an organic constant currency basis.
4Q FY 2015 consolidated organic constant currency EBITDA increased by 15%, driven by a strong growth of 13% in the India business and 20% in the international business.
4Q FY 2015 consolidated net profit plus A&P (adjusted for tax) increased by 27%.
GCPL continues to gain market share across its core categories across geographies.
The board has declared an interim dividend of 250% (Rs 2.50 a share).
Shares of the company declined Rs 30.7, or 2.73%, to trade at Rs 1,094.15. The total volume of shares traded was 5,572 at the BSE (1.09 p.m., Tuesday).