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The Economic Times

Veer Sharma

Godrej Consumer shares slide 4% after Q1 margin falls amid commodity inflation; Rs 5/share dividend declared

Godrej Godrej Consumer Godrej Consumer Products FMCG

Shares of Godrej Consumer Products declined 4.3% to their day’s low of Rs 1,033 on the BSE on Friday after the company reported its June quarter results.

Godrej Consumer reported a 12% year-on-year (YoY) increase in consolidated net profit to Rs 505 crore for the June quarter, compared with Rs 453 crore in the year-ago period.

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