Godrej Consumer Products

GCPL Q1 net up 8% at Rs 143.45 cr

GCPLNew Delhi: FMCG major Godrej Consumer Products Ltd (GCPL) on Monday reported 8 percent increase in its consolidated net profit for the first quarter ended June 30, 2014 at Rs 143.45 crore. The company had posted a consolidated net profit of Rs 132.71 crore in the corresponding quarter of previous fiscal.

Consolidated net sales during the period under review stood at Rs 1,886.26 crore as against Rs 1,722.30 crore in the year-ago period.

The board has declared an 100 percent interim dividend of Re 1 on share of face value Re 1, the company said in a statement.

GCPL acquires Colgate-Palmolive brand in the UK

GCPL acquires Colgate-Palmolive brand in the UKGodrej Consumer Products Ltd (GCPL) has agreed to acquire the Colgate-Palmolive's Soft & Gentle brand in the UK.

Keyline Brands Ltd, a UK based subsidiary of Godrej, will acquire Soft & Gentle brand from Colgate-Palmolive, the company said in a statement. The Indian company did not announce the financial details of the deal. The company also said that Soft & Gentle reported sales of 21 million pounds in 2011 and it was UK's fourth largest female deodorant brand by market share.

Godrej eyeing acquisitions in Asia, Africa

Godrej Consumer ProductsKolkata, April 7 : Godrej Consumer Products Ltd (GCPL) Thursday said it was looking for acquisitions in Asia, Africa and South America.

"If you ask about our company's stand in terms of overseas acquisitions, we are looking at right opportunities in basically three continents - Asia, Africa and South America," GCPL's executive vice president (marketing) Tarun Arora told reporters.

The company was focussing on home care, hair care and personal wash categories, he said.

Godrej Consumer Products combines arm by self

Godrej-ConsumerFMCG major Godrej Consumer Products Ltd. (GCPL) Thursday expressed that it is combining Godrej Household Products Ltd. (GHPL) with itself, creating it one of the major players in the personal care and household insecticides section.

No shares shall be released post-merger as GHPL is a wholly-owned part of the corporation, the company stated in a regulatory filing.

GHPL, which was earlier known as Godrej Sara Lee, had lately obtained 51 % stake of the business by its foreign partner Sara Lee.

Godrej Consumer Products Q1 PAT at Rs 116 crore

Godrej-ConsumerLeading FMCG firm of the country, Godrej Consumer Products Ltd (GCPL) has announced its first quarter financial results for the fiscal year 2010-11. It has informed that the profit after tax of the firm has gone up to Rs 116 crore for the quarter that ended in 30th June, 2010. There has been a significant rise in profit-after-tax and net sales figure of the company.

GCPL had posted a net profit of Rs 69.46 crore for the similar quarter in the previous financial year. Godrej Consumer Products Ltd has informed this in a filing at the Bombay Stock Exchange.

Godrej Consumer net profit up by 54%

Godrej-ConsumerGodrej Consumer Products (GCPL) has announced its annual financial results. As per the report, the net profit of the company has gone up by 54% during the financial year. The net profit has touched Rs. 284 crore for the year. The company has managed to enhance its net profit with a fall in the operating costs.

The Mumbai based company has informed that the net sales has improved by 17% and has reached Rs 1,268 crore in the financial year. At the same time the cost of the company has been reduced to 4% i. e. of Rs 215 crore. Moreover the net profit of the fourth quarter has went up by 12.5% to Rs63 crore.

Godrej Consumer in talks to buy Argentina based company

Godrej-LogoIndia's leading personal care products maker Godrej Consumer Products Ltd. is expected to buy an Argentina-based hair color products firm, Issue Group Co. According to a report published in one of the leading news papers of the country, the deal is on its way and likely to be through soon. Industry is waiting to hear an announcement on the possible buy out from Godrej.

Godrej Consumer looking to buy a Brazilian hair care firm

Godrej-Consumer-LogoIndia's leading consumer durable company, Godrej Consumer Products (GCPL) is planning to purchase a Brazilian hair care firm Embelleze. Embelleze is the market leader in hair color segment in Brazil. The company has a commanding market share in the hair color market and has almost 25% of the market under its belt. The company is estimating to manage to get annual sales of Rs. 1000 crore in the current fiscal.

Godrej acquires Personal Care Company Tura International

Godrej-logoIndia's one of the oldest consumer companies, Godrej Consumer has announced to acquire the Nigeria based personal care player Tura International.

Godrej Consumer is a part of the legendary Godrej Group run by one of India's well known business family: the Godrej family. And Godrej was not alone in the race to acquire Tura International. Wipro and Dabur were also in talks with the Nigerian company but finally Godrej managed to bag the deal in its kitty.

Godrej announces to have more acquisitions in early FY11

Godrej announces to have more acquisitions in early FY11A top official of Godrej Consumer Products Ltd said on Tuesday that the company may announce some more acquisitions in the early of this financial year beginning April'2010.

Personal care products, hair care and household categories are the areas the company is looking in for major acquisitions. Chairman Adi Godrej told media major Reuters via telephone, "Company is looking at several acquisitions and hope to announce some early in the next financial year, depending on how the negotiations go."

Godrej Long Term Buy Call: Abhishek Jain, StocksIdea.com

Godrej Consumer Products Ltd.Godrej Consumer Products Ltd. is a major player in the Indian FMCG market with leadership in personal care, hair care, household care and fabric care segments. Today Godrej is delivering consumers exciting innovations across a spectrum of businesses. The company has state-of-the-art manufacturing facilities at Malanpur (M. P.) Guwahati (Assam), Silvassa (U. T.) and Baddi (H. P.). In 2002 Company entered into the deodorants category with the launch of Cinthol International Perfumed deodorant. Godrej entered the traditional powdered 'henna' market with the launch of powdered henna under the brand 'Nupur'.

Godrej to acquire 100% stake in Godrej Sara Lee

Godrej to acquire 100% stake in Godrej Sara LeeGodrej Consumer Products is eying on the acquisition of 100 per cent shares in Godrej Sara Lee, a 49:51 FMGC joint venture with Godrej and US based Sara Lee Corp that manufactures insect repellents and related products.

The Board of Godrej Consumer Products (GCPL) met yesterday, approving the proposal to acquire 49 per cent shares from Godrej ConsumerBiz and Godrej Hygiene Care.

Godrej Consumer Q1 net up 78% at Rs 69 crore

Godrej Consumer Q1 net up 78% at Rs 69 croreGodrej Consumer Products, leading FMCG major has reported a handsome growth of 78% in its net profit for the first quarter ended June 30, 2009.

During the reporting period, the company has recorded a net profit of Rs 69 crore.

In a communiqué to Bombay Stock Exchange (BSE), the company said that it has clocked a much higher profit in the latest quarter compared to a net profit of Rs 39 crore in the same period last year.

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