Indian consumer-goods makers Godrej Consumer Products Ltd. and Dabur India Ltd. issued provisional first-quarter updates pointing to diverging sales momentum in the fast-moving consumer goods sector. Godrej Consumer said consolidated revenue for the three months to June is set to rise in double digits, buoyed by high-single-digit underlying volume growth. Stand-alone revenue is expected to expand at a high-single-digit pace, helped by double-digit gains in the home-care segment, although soaps remained soft. The company cautioned that its stand-alone EBITDA margin will fall below its usual range, with relief from lower palm-oil costs likely only in the second half. Godrej shares closed at ₹1,198.80 in Mumbai trading, up 2.4 percent. By contrast, Dabur forecast consolidated revenue growth in the low-single digits, held back by a decline in its beverages portfolio. Management said operating profit will increase more slowly than sales, implying continued margin pressure.
Godrej Consumer Q1 Update | Double-digit revenue growth, weaker EBITDA margin @jpullokaran https://t.co/B0MlsnbZkN
Provisional Business Update – 1QFY26 Dabur India Ltd (CMP: Rs 495 | Mkt Cap: Rs 87,815 cr): 🔹Consolidated revenue is expected to grow in low-single digits impacted by decline in beverages portfolio. Consolidated operating profit is expected to marginally lag revenue growth. https://t.co/lvAlA8kaVZ
Provisional Business Update – 1QFY26 Godrej Consumer Products Ltd (CMP: Rs 1,199 | Mkt Cap: Rs 1,22,680 cr): 🔹Standalone revenue is expected to grow in high-single digit on the back of mid-single digit underlying volume growth (UVG). Excluding soaps, standalone UVG is expected https://t.co/KSva3woxAo