Godrej Consumer Products’ second quarter revenues were at Rs 2915 crore, EBITDA came in at Rs 673 crore, profits were also in line with analyst estimates.

“We had strong growth overall, 11 percent growth in India and 11 percent in our international markets with 19 percent EBITDA growth,” says Nisaba Godrej, Chairperson and MD of Godrej Consumer Products.

Talking about underperforming segments she said, “We were sort of disappointed with our household insecticides growth because it was very strong Q1 and we were expecting a double digit growth in this quarter.”

“We did get impacted by supply chain issues. Q2 and Q3 for household insecticides are more salient than Q1 and Q4 so we were not able to meet demand in some key SKUs,” she further added.

“Going forward we are definitely seeing tailwinds in categories like hygiene and household insecticides. Even in categories like hair colour and hair care sequentially improvement.”

To know more about the company's Q2 performance, watch the video.

(Edited by : Santosh Nair)

First Published:Nov 6, 2020 3:03 PM IST