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Consol sales continue to grow in high teens in 2Q

India business

* GCPL expects to deliver another strong quarter in 2QFY27 despite consumption being impacted by uneven monsoon conditions due to an intensifying El-Niño and inflationary pressure across several commoditylinked inputs. Though the base is supportive.

* India standalone business is expected to deliver revenue growth in teens and underlying volume growth in high-single-digits (est. 8%; 9% in 1QFY27, 3% in 2QFY26). GCPL indicated that it recorded an estimated impact of 100- 150bp due to trade inventory correction in 2Q.

* 2Q performance was supported by healthy growth in Personal Care and Home Care portfolios, reflecting a broad-based performance.

International business

* Indonesia business continued to see sequential improvement. GCPL expects the business to deliver high-teen revenue growth, supported by high-single-digit volume growth owing to improved execution, stable market share and healthy category trends.

* GAUM business is expected to deliver another strong quarter, with robust double-digit revenue and volume growth, aided by GCPL’s strategy of market development for the core categories and portfolio transformation through scaling up the FMCG categories

Consolidated business

* Consolidated revenue growth is expected in high teens (est. 19.4%; 18.3% in 1QFY27, 3.9% in 2QFY26), in line with its full-year double-digit growth guidance.

* Growth was supported by high-single-digit UVG and double-digit EBITDA growth.

Costs and margins

* Input cost pressure intensified during the quarter. While certain commodities had shown signs of moderation toward the end of 1QFY27, 2Q witnessed renewed inflation across several key raw-material baskets, including crude-linked derivatives, palm oils and other commodity inputs.

* GCPL is responding through a combination of calibrated pricing actions, cost-saving initiatives, supply-chain efficiencies, and disciplined cost management.

Outlook

* Management is confident of achieving its FY27 guidance, with potential to outperform on select metrics.

* GCPL continues to prioritize volume-led growth and invest in innovation, distribution, and category development.

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