Godrej Consumer Products Q2 Results Live : Godrej Consumer Products declared their Q2 results on 24 Oct, 2024, reporting a topline increase of 1.79% year-over-year (YoY) and a significant profit rise of 13.53%. In comparison to the previous quarter, the revenue grew by 10.05% and profit surged by 9.01%.
The company’s Selling, General & Administrative expenses saw a rise of 10.51% quarter-over-quarter (QoQ), while they decreased by 3.84% compared to the same quarter last year. This reflects a strategic effort to control costs amidst growing revenues.
Operating income also showed positive momentum, increasing by 7.52% QoQ and 8.59% YoY, signaling effective management and operational efficiency during this quarter.
Earnings per share (EPS) for Q2 stood at ₹4.84, marking a 12.13% increase YoY, further underlining the company’s robust financial performance.
However, despite these promising results, Godrej Consumer Products has experienced a -6.84% return in the last week. In contrast, the stock has shown a 4.44% return over the last six months and a notable 10.95% year-to-date return.
Currently, the company boasts a market capitalization of ₹128387.2 Crore, with a 52-week high of ₹1541.85 and a low of ₹959.8, indicating a volatile but ultimately upward trend in the stock’s performance.
As of 25 Oct, 2024, out of 32 analysts covering Godrej Consumer Products, the consensus recommendation leans towards a ‘Buy’, with 15 analysts recommending it as a strong buy, while only 2 analysts suggest selling.
Godrej Consumer Products Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 3666.33 | 3331.58 | +10.05% | 3601.95 | +1.79% |
| Selling/ General/ Admin Expenses Total | 674.56 | 610.4 | +10.51% | 701.52 | -3.84% |
| Depreciation/ Amortization | 50.1 | 49.46 | +1.29% | 60.88 | -17.71% |
| Total Operating Expense | 2960.53 | 2675.12 | +10.67% | 2951.98 | +0.29% |
| Operating Income | 705.8 | 656.46 | +7.52% | 649.97 | +8.59% |
| Net Income Before Taxes | 706.66 | 644.03 | +9.72% | 619.37 | +14.09% |
| Net Income | 491.31 | 450.69 | +9.01% | 432.77 | +13.53% |
| Diluted Normalized EPS | 4.84 | 4.54 | +6.62% | 4.32 | +12.13% |
