Godrej Consumer Products reports modest Q3FY18 result
Godrej Consumer Products consolidated revenue for the quarter came in at Rs 2630.3 crore, registering an increase of 5.8% YoY. The company manged to maintain revenue growth due to 11.4 per cent YoY growth in India business, which contributed around half of total sales.
The EBITDA for the quarter rose by 21.5% YoY to Rs. 511.72 crore, with a corresponding margin expansion of 251 bps. The EBITDA margin for the quarter stood at 19.5%.
The company's PAT for the quarter stood at Rs 429.87 crore, an increase of 22.1% YoY. This increase was due to other income, which almost doubled to Rs 35.9 crore from Rs 18.9 crore in Q3FY17.
The board of directors declared an interim dividend of Re 1 per share.