Q4FY18 Result: One-time gains boost PAT of Godrej Consumer

Godrej Consumer Products consolidated revenue for the quarter remained flat at Rs. 2,528.89 crore as against Rs. 2,489 crore in the corresponding quarter of last year.

EBITDA for the quarter rose by 10.2 per cent yoy to Rs. 596.88 crore with a corresponding margin expansion of 186 bps. EBITDA margin for the quarter stood at 23.6 per cent. 

The PAT for the quarter came in at Rs. 617.19 crore, yoy increase of 59.2 per cent. This was mainly on account of exceptional gain of Rs. 193.8 crore in the quarter. Also, lower effective tax rate in the quarter added to PAT growth. 

Looking at full year numbers, revenue for FY18 increased marginally by 3.4 per cent yoy to Rs. 9,937 crore. EBITDA for the year rose 8.9 per cent yoy to Rs. 2,067 crore. Notably, net profit surged 25 per cent yoy to Rs. 1,634 crore.

The board of directors have declared an interim dividend of Rs. 7 per share on equity share of Re. 1. The dividend will be paid on May 30, 2018.