During the quarter, Godrej Consumer said demand trends in its categories across key countries, remained stable. In India, the FMCG company expects to deliver sales growth around the thirties, driven by strong volume growth and calibrated price increases. Sales growth was quite broad based across key categories of soaps, household insecticides and hair colours. The company also witnessed strong sales growth momentum in each of the months within the quarter.

In Indonesia, Godrej Consumer expects gradual recovery with mid-single digits constant currency sales growth. While macroeconomic variables and a stretched COVID-19 environment continued to pose challenges, we are witnessing gradual recovery in the Air Fresheners category and are strategically addressing the high competitive intensity in the Wet Wipes category.

In Godrej Africa, USA and Middle East, growth momentum continued across most of the company's key countries of operations. Godrej Consumer said it expects to deliver constant currency sales growth close to the thirties.

The company expects sales growth in Latin America business to remain strong in constant currency terms. The company's SAARC business also continued to deliver healthy sales growth.

Meanwhile, the company said Covid 19 has changed consumer behaviour with regards to demand for personal and home hygiene and we see this as a strong focus area for the firm going forward. This has resulted in a broader home and personal care play ambition.

At a consolidated level, the company expects to leverage category and geographic portfolio well and expects to deliver constant currency sales growth in the mid-twenties.

Shares of Godrej Consumer Products were trading 0.48% lower at Rs 735.90 on BSE.

Godrej Consumer Products is an Indian consumer goods company. The company's products include soap, hair colourants, toiletries and liquid detergents. The company posted a 12.78% increase in net profit to Rs 502.08 crore on a 10% rise in total revenue from operations to Rs 3055.42 crore in Q3 FY21 over Q3 FY20.

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Godrej Consumer Products Ltd is down for a fifth straight session today. The stock is quoting at Rs 657.05, down 0.57% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.44% on the day, quoting at 14655.8. The Sensex is at 49635.3, down 0.33%.Godrej Consumer Products Ltd has lost around 7.42% in last one month.Meanwhile, Nifty FMCG index of which Godrej Consumer Products Ltd is a constituent, has eased around 0.42% in last one month and is currently quoting at 33194.6, up 0.01% on the day. The volume in the stock stood at 16.79 lakh shares today, compared to the daily average of 14.7 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 658.95, down 0.78% on the day. Godrej Consumer Products Ltd jumped 36.02% in last one year as compared to a 77.36% rally in NIFTY and a 38.49% spurt in the Nifty FMCG index.

The PE of the stock is 55.18 based on TTM earnings ending December 20.

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Godrej Consumer Products Ltd is down for a fifth straight session today. The stock is quoting at Rs 717.5, down 0.46% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.63% on the day, quoting at 15112.9. The Sensex is at 51303.72, down 0.77%.Godrej Consumer Products Ltd has lost around 8.8% in last one month.Meanwhile, Nifty FMCG index of which Godrej Consumer Products Ltd is a constituent, has eased around 3.49% in last one month and is currently quoting at 33519.55, down 0.21% on the day. The volume in the stock stood at 10.81 lakh shares today, compared to the daily average of 13.58 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 720.5, down 0.25% on the day. Godrej Consumer Products Ltd jumped 15.24% in last one year as compared to a 24.63% rally in NIFTY and a 8.48% spurt in the Nifty FMCG index.

The PE of the stock is 60.1 based on TTM earnings ending December 20.

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Net profit of Godrej Consumer Products rose 12.78% to Rs 502.08 crore in the quarter ended December 2020 as against Rs 445.20 crore during the previous quarter ended December 2019. Sales rose 9.81% to Rs 3025.29 crore in the quarter ended December 2020 as against Rs 2755.08 crore during the previous quarter ended December 2019.

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