Godrej Consumer Products Limited — Updates, 24-01-2025: Press Release

**Financial Highlights:** Godrej Consumer Products Limited reported a 6% growth in consolidated organic sales for Q3 FY 2025. Standalone sales increased by 4%, while volumes remained flat. Notably, sales in Latin America surged by 165% in INR terms. The EBITDA margin was recorded at 20.2%, with a 14% decline in consolidated net profit year-on-year, primarily due to temporary industry headwinds.

**Strategic Initiatives and Growth Drivers:** The company remains committed to driving volume-led growth and has been focused on enhancing brand investment and profitability. The product categories, such as Air Fresheners and Laundry liquids, continue to show robust performance.

**Business Developments:** GCPL's Goodknight Agarbatti has gained significant market share in the Incense Sticks category, and premium formats are gradually recovering market share despite challenges from urban consumption slowdowns.

**Market Position and Competitive Advantage:** GCPL has bolstered its reputation by ranking among the top 3 FMCG companies on the Dow Jones Sustainability Index 2024 for Emerging Markets.

**Investor Implications:** Despite short-term challenges, the company's solid balance sheet and commitment to sustainability position it for potential growth. The diverse geographical performance suggests areas of resilience, particularly in Indonesia and Latin America. Investors should monitor GCPL's recovery in urban areas and overall market dynamics closely.