Profit

Godrej Consumer Products Q2 profit falls 28%, volume growth at 7%

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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

Shriro Profit Up 9.8%, $188M Revenue, Appliances Soar

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Sydney based ASX-listed distributor, Shriro, has achieved a 3% increase in consumer product revenue, notching $105 million from the growth of its Omega Altise, Blanco and ‘Everdure by Heston Blumenthal’ brands. For the twelve months to December 31st, Shriro Holdings generated total sales revenues of $188.3 million, up 2.6% YOY. Net profit (after tax) climbed 9.8% to $14.5 … Read more