Godrej Consumer Products Limited (GCPL) announced strong financial results for the second quarter of FY27, with consolidated sales growing 19% year-on-year to ₹2,631 crore. This growth was underpinned by an 8% volume increase. The company reported a 14% rise in net profit to ₹523 crore, driven by robust performance across India, Indonesia, and Africa.
Double Digit Revenue and Profit Growth for GCPL
Godrej Consumer Products Limited (GCPL) has reported a strong second quarter for FY27, with consolidated sales surging by 19% year-on-year. This impressive growth was supported by an underlying volume increase of 8%. The company’s financial performance reflects its strategic focus on emerging markets.
Key Financial Highlights (Q2 FY27)
- Consolidated sales grew by 19% year-on-year.
- Underlying volume growth stood at 8%.
- Standalone business sales increased by 13%, with a 7% volume growth.
- Net profit saw a substantial rise of 14% year-on-year, reaching ₹523 crore.
- Consolidated EBITDA* grew by 12% year-on-year.
This quarter marks GCPL’s second consecutive period of high teens revenue growth, coupled with high-single-digit volume growth and double-digit profit expansion.
Performance Across Key Geographies
India Performance
The standalone business demonstrated robust sales growth of 13%, driven by a 7% underlying volume increase. Despite an estimated impact from trade inventory correction, the company maintained healthy channel stock levels. Key growth drivers included strong performance in Home Care, particularly Air Fresheners and Household insecticides, and continued momentum in Personal Care segments like Soaps and premium liquid formats.
International Growth Drivers
GCPL’s international portfolio also showed significant strength:
- Indonesia: Sales grew by 20% year-on-year, with an 8% underlying volume growth, even amidst rising LPG prices.
- Africa, USA, and Middle East (GAUM): This segment delivered exceptional growth, with sales up by 40% in INR terms (23% in constant currency) and underlying volume growth of 16%. EBITDA for GAUM grew by 43%, marking seven consecutive quarters of double-digit top-line growth and eleven consecutive quarters of double-digit bottom-line growth.
Category Performance
Home Care
Home Care experienced a 19% growth, with notable gains in Household Insecticides and strong performance from Air Fresheners. Godrej Fab maintained its double-digit growth trajectory, and Godrej Spic continued its scaling across India. New launches such as Godrej Rizz and Godrej Zap have also been well-received.
Personal Care
Personal Care grew by 8%. While Soaps remained stable despite price adjustments, premium liquid formats and Cinthol Bodywash showed strong sequential scaling. Hair Colours sustained growth momentum, and Perfumes & Deodorants delivered double-digit growth, driven by healthy volume increases.
Management Commentary
Aasif Malbari, Managing Director, and CEO, commented, “Q2 FY27 has been a quarter of strong, broad-based performance for Godrej Consumer Products Limited, fully aligned with our expectations and strategic priorities.” He highlighted the strong volume growth across India, Indonesia, and Africa and the successful execution of strategic initiatives.
The company continues to navigate input cost inflation through stringent pricing actions, cost-saving programs, and optimized investments. GCPL remains confident in its FY27 guidance of high-single-digit underlying volume growth in Standalone and double-digit revenue and EBITDA growth at the consolidated level.
Source: BSE