Categories: Business & Economy

Godrej Consumer Q2 Update: Income growth observed mid-chiffon in the middle of the transition from TPS 2.0

Godrej Consumer Products LTD (GCPL), which is part of the diversified Godrej group, said on Tuesday that it expects consolidated income in the middle of the only quarter for the second quarter of the 2026 (FY26).

The owner of well -known brands, including Godrej n ° 1, Itrehol, Godrej Expert and Ezee, said that almost a third of his product portfolio is now taxed at 5%, against 18%, after the latest TPS reforms. Affected products include toilet soaps, talc powders, shampoos and razing creams.

The tax service has been reflected in consumers from September 22, 2025, which should support the growth led by volume and the creation of long -term value, said the company.

At the national level, autonomous activity should see growth in the value half shift, with growth in the underlying volume (UVG) with low-sieve figures. The home care portfolio shows a strong dynamic, displaying high -turn value growth, while personal care should decrease in low -cost figures, mainly due to soaps.

Internationally, performance is mixed. Indonesian activity faces intense price pressure, with a low-figure drop in value, but slightly positive UVG, while Gaum markets (Africa, United States, Middle East) should offer two-digit value and volume growth for the third consecutive quarter.

Godrej Consumer, who is a leading player in personal care segments, home care and international consumer products, warned that the transition of GST can have a temporarily impact on the EBITDA due to the disturbance of short -term trade, channels erase old inventories with pre -PST labels. Despite this, the company remains optimistic about its performance in the second half of the exercise.

Godrej Consumer has operations through India, Africa, South-East Asia and the Middle East. His business extends over toiletries, hair care, household insecticides and home cleaning products, with a strong accent on higher quality and mass market segments.

Goddrej Consumer Products LTD shares ended the day slightly higher at 1,152.45 on ESB.

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Michael Johnson

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