Tuesday, May 1, 2012

Quarter 4 Results : Godrej Consumer Q4 cons net up 36% YoY at Rs 193 cr

FMCG company Godrej Consumer Products ' fourth quarter consolidated net profit rose 36% year-on-year to Rs 193 crore, helped by strong sales growth.

Net sales for the three-month period were up 31% from a year ago to Rs 1,323 crore. The company also crossed USD 1 billion revenue for fiscal 2012.

Godrej Consumer's sales in the soaps category (personal wash) rose 30% year-on-year, with 17% volume growth. Household insecticide sales were up 28% and hair care segment saw 13% growth in Jan-March quarter.

In its international operations, sales were up 49% to Rs 518 crore, while domestic sales rose 21% to Rs 807 crore.

The company's EBITDA margin was at 18.9% in Jan-March, up 150 bps year-on-year.

Godrej Consumer shares hit a 52-week high of Rs 541.90 on NSE as investors cheered the company's results. At 13:00 hrs, the stock was up 1.5% at Rs 534.75.

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