Godrej Shopper: Q3 replace optimistic, sustaining pattern essential




Godrej Shopper Merchandise (GCPL) expects to ship a second consecutive quarter of low double-digit gross sales progress, led by an elevated deal with private and residential hygiene, sustained demand momentum throughout key merchandise, and an enchancment within the worldwide enterprise. The information, which got here by way of a quarterly replace introduced on Tuesday night, is optimistic provided that GCPL has both seen a decline or reported low single-digit progress in consolidated internet gross sales in a minimum of the previous 5 quarters earlier than June 2020. Due to this fact, analysts say, sustenance of double-digit progress is essential.



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First Revealed: Wed, January 06 2021. 19:04 IST



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