FMCG company Godrej Consumer Products has reported a steep 28.4 percent year-on-year decline in the second quarter consolidated profit at Rs 413.88 crore, meeting analyst expectations. Its profit in the corresponding period last fiscal stood at Rs 577.73 crore. Revenue during the quarter fell 1.14 percent to Rs 2,630.2 crore compared to year-ago, with domestic volume growth … Read more
The funding comes at an integral time for the company, which is working towards the fulfillment of the government’s target of achieving 40 GW by 2022 for rooftop solar. The family office of diversified conglomerate Godrej has invested $1.2 million in home-technology startup ZunRoof in a Pre-Series A round. This is a first investment that … Read more
KOLKATA: Godrej Appliances is aiming to grow its share of revenue from premium appliances to 25 per cent over the next three years and is investing Rs 200 crore for it, a top official today said. Premium appliances presently constitute 15 per cent of its sales. “We were primarily a mass products company. The journey of focusing on premium … Read more
one of the largest players in the Home Appliances in the country, is targeting a sales turnover of Rs 2,700 crore nationally this year, a company official said. The company’s turnover last year was Rs 2000 crore, Godrej Appliances Assistant Vice President (Sales and Marketing) Ramesh Chembath. He added that southern states are a good … Read more