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Shares of Godrej Consumer Products Ltd’s plummeted more than 8% on Monday after it warned of weaker margin and volumes for the three months to December. After market hours on Friday, GCPL said its India business is expected to report flattish volume growth this quarter. GCPL’s Indonesia business is expected to deliver mid-single digit volume growth in Q3FY25. Meanwhile, GCPL’s …

Growth

Shares of Godrej Consumer Products Limited tanked 9% in early trading on December 9, as investors reacted to the company’s weak growth outlook for the October-December quarter. The sharp decline came after GCPL shared updates about challenges in demand and margins, leading to concerns about the company’s near-term performance. In a statement, GCPL said, “Demand conditions in India have been …

Godrej Consumer Products’ India biz to drive growth

Godrej Consumer Products Ltd is a beneficiary of the sharp fall in prices of palm oil, a key raw material for the fast-moving consumer goods company. Analysts at Motilal Oswal Financial Services note that even if GCPL spends some of the gains to shore up advertising, the company could see a healthy earnings growth of 25-30% in the next few …