Godrej Consumer Products has introduced Godrej aer smartmatic air fresheners, India's first mobile controlled smart home fragrance. The product will be available in two fragrances at MRP of Rs 799 on www.godrejaer.com and very soon on ecommerce and modern retail chains.

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The Nifty FMCG index has lost 4.93% or 1,605.05 points in seven trading sessions.

Godrej Consumer Products (down 1.53%), United Breweries (down 1.34%), Emami (down 0.89%), Dabur (down 0.81%), Tata Global Beverages (down 0.8%), McDowell Holdings (down 0.75%), ITC (down 0.64%), Colgate Palmolive (down 0.64%), Britannia (down 0.52%) and Procter & Gamble Hygiene & Health Care (down 0.17%) were top losers from the FMCG pack.

The Nifty FMCG index has lost 1.81% in last one month. The index rose 7.26% in the past three months.

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Godrej Consumer Products announced that the Board of Directors of the Company at its meeting held on 6 November 2019, inter alia, have recommended the interim dividend of Rs 2 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

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Net profit of Godrej Consumer Products declined 28.36% to Rs 413.88 crore in the quarter ended September 2019 as against Rs 577.73 crore during the previous quarter ended September 2018. Sales declined 1.33% to Rs 2608.15 crore in the quarter ended September 2019 as against Rs 2643.26 crore during the previous quarter ended September 2018.

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