{"id":34360,"date":"2022-04-07T11:20:17","date_gmt":"2022-04-07T05:50:17","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-godrej-consumer-3\/"},"modified":"2022-04-07T11:20:17","modified_gmt":"2022-04-07T05:50:17","slug":"biz-godrej-consumer-3","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-godrej-consumer-3\/","title":{"rendered":"GCPL expects price-driven sales growth in domestic market in Q4\/FY22"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3821732395\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p> New Delhi, Apr 7 (PTI) FMCG maker Godrej Consumer Products Ltd (GCPL) expects to deliver a &#8220;close to double-digit sales growth&#8221; in the domestic market in the January-March quarter driven entirely by pricing.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1883394567\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> Overall, short-term challenges such as unprecedented global commodity inflation and the performance of its Indonesia business, continued to play out during the quarter, impacting consumption and margins, the company said.<\/p>\n<p> At a consolidated level, the company expects to deliver a &#8220;higher than mid-single-digit sales&#8221; growth and &#8220;lower year-on-year EBITDA margins&#8221; on the profitability front, during the January-March quarter.<\/p>\n<p> &#8220;This is due to input inflation and our weak performance in Indonesia,&#8221; said GCPL in a quarterly update for 4Q FY22.<\/p><div class=\"trade-content_5\" id=\"trade-3265729927\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> The Godrej group firm has also raised concerns over higher inflation levels, leading to successive price increases, and impacting volumes of the Indian FMCG industry.<\/p>\n<p> &#8220;The Indian FMCG industry witnessed a consumption slowdown over the last few months. The sector continued to be hit hard by higher inflation levels, leading to successive price increases, and impacting volumes,&#8221; said GCPL on Wednesday.<\/p>\n<p> Despite this, GCPL has gained market share in 85 per cent of the portfolio, it added.<\/p>\n<p> &#8220;In India, we expect to deliver close to double-digit sales growth, driven entirely by pricing. Our 2-year CAGR would be in the early twenties,&#8221; said GCPL in updates shared on stock exchanges on Wednesday.<\/p>\n<p> On various segments, GCPL said the Personal Care segment sustained its double-digit growth trajectory, primarily led by pricing in Personal Wash.<\/p>\n<p> While over Home Care, GCPL said it has witnessed a &#8220;soft performance&#8221; on a high base, impacted by a relatively muted season for Home Insecticides and the discretionary nature of Air Fresheners.<\/p><div class=\"trade-content-10\" id=\"trade-2259582455\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> While talking about the international business, GCPL said in Indonesia, the company expects a &#8220;sales decline in the high teens&#8221; in constant currency terms, with Hygiene segment performance waning after COVID-19.<\/p>\n<p> &#8220;We expect to deliver a constant currency sales growth close to the mid-teens. We also continue to focus on driving sustainable, profitable sales growth. We expect strong double-digit constant currency sales growth in our Latin America business,&#8221; it said.<\/p>\n<p> Its SAARC business performance was soft, it added.<\/p>\n<p> &#8220;At a consolidated level, we continue to leverage our category and geographic portfolio. We expect to deliver a higher than mid-single-digit sales growth and a 2-year CAGR around mid teens,&#8221; said GCPL.<\/p>\n<p> Over the outlook for FY23, GCPL said :&#8221;We expect to deliver early double-digit sales growth&#8221;.<\/p>\n<p> The quarterly update for 4Q FY22 provides an overall summary of the operating performance and demand trends during the quarter ended March 31, 2022.<\/p>\n<p> &#8220;This will be followed by a detailed performance update, post the approval of the 4QFY22 financial results by the Board of Directors,&#8221; the company said. PTI KRH  DRR<\/p>\n<div class=\"trade-after-content\" id=\"trade-1184372450\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>New Delhi, Apr 7 (PTI) FMCG maker Godrej Consumer Products Ltd (GCPL) expects to deliver a &#8220;close to double-digit sales growth&#8221; in the domestic market in the January-March quarter driven entirely by pricing. Overall, short-term challenges such as unprecedented global commodity inflation and the performance of its Indonesia business, continued to play out during the [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1515,31],"tags":[],"class_list":["post-34360","post","type-post","status-publish","format-standard","hentry","category-company-results","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GCPL expects price-driven sales growth in domestic market in Q4\/FY22 - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-godrej-consumer-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GCPL expects price-driven sales growth in domestic market in Q4\/FY22\" \/>\n<meta property=\"og:description\" content=\"New Delhi, Apr 7 (PTI) FMCG maker Godrej Consumer Products Ltd (GCPL) expects to deliver a &#8220;close to double-digit sales growth&#8221; in the domestic market in the January-March quarter driven entirely by pricing. 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