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Published on 8/02/2021 3:43:00 PM | Source: Angel Broking Ltd

Godrej Consumer Products Ltd 3QFY21 Result Update By Amarjeet Maurya, Angel Broking

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Below are Views On Godrej Consumer Products Ltd 3QFY21 Result Update By Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd

During the 3QFY21, godrej consumer products Ltd (GCPL) reported revenue of ~Rs3,055cr (up 10% YoY) due to overall growth in domestic and international business.  On the EBITDA front, the company has reported Rs693cr and EBITDA margin at 22.7%, which is marginally up by 1bps yoy.  On the bottom-line front, PAT grew by ~13% to Rs502cr. Overall 3Q results were in line with expectation. Hence, we are positive on stock.

 

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