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This Article is From Nov 06, 2020

Motilal Oswal: Godrej Consumer Products Q2 Review - Household Insecticide Sales Disappoint

Motilal Oswal: Godrej Consumer Products Q2 Review - Household Insecticide Sales Disappoint
Good Knight brand by Godrej Consumer Products Ltd. (image: Company website)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Godrej Consumer Products Ltd.'s Q2 FY21 results were largely in line, despite weaker-than-expected household insecticide sales due to regional lockdown in Guwahati, which affected the company's manufacturing operations.

Price increases taken in soaps due to inflation in palm oil prices should alleviate some of the pressure on overall gross margin.

The single-digit earning per share trajectory over the past five years is not expected to change materially over the next few years.

Click on the attachment to read the full report:

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