Godrej Consumer Q2 Results: Profit rises 14% YoY to Rs 523 crore, revenue jumps 19%; co declares Rs 5/shar

The standalone business reported sales growth of 13%, with underlying volume growth of 7%. Indonesia sales increased 20%, while the Africa, USA and Middle East business recorded 40% sales growth year-on-year.The company's board also declared an interim dividend of Rs 5 per equity share of face value Rs 1 each for FY27, equivalent to a 500% payout on face value.The record date for determining shareholder eligibility is November 4, 2026.

The dividend will be paid on or before November 27, 2026.Live EventsHome Care leads category growthGodrej Consumer Products' Home Care business grew 19% during the quarter, supported by performance across household insecticides, air fresheners and fabric care.Household insecticides gained market share across formats despite a weak monsoon and an intensifying El Niño. The company's electric mosquito-repellent segment showed sequential improvement, while its Goodknight six-minute campaign gained traction.

Incense sticks continued to scale up, with the company describing the brand as the largest branded player in the category.The air freshener business sustained strong double-digit growth and maintained its category leadership. Aer Spray 99 continued to expand ahead of peers and gain market share, while Aer O strengthened its presence with continued growth.Fabric care brand Godrej Fab maintained its double-digit growth trajectory, supported by strong underlying volume growth.

The company said commodity inflation had affected the business, prompting steep price increases, with further sequential pricing actions under way.Godrej Consumer Products also launched Godrej Zap, expanding its fabric care portfolio into stain removers.In home care, Godrej Spic continued to gain consumer traction following its expansion to a pan-India presence in the first quarter. The company reported positive consumer feedback and healthy repeat purchases, while noting that significant distribution opportunities remain untapped.Godrej Rizz, the company's liquid dishwash offering, was launched in select markets across western and southern India.

The company highlighted the category's estimated Rs 3,000 crore size, double-digit growth and mid-teens household penetration as opportunities for expansion.Personal Care grows 8%The Personal Care business recorded 8% growth in the quarter.In skin cleansing, the company reported stable performance in soaps despite significant price increases and reductions in product grammage, against a favourable base.

Cinthol Bodywash continued to scale up, supported by media and on-platform investments. Muuchstac's performance remained in line with business plans, while Magic Handwash continued to expand its presence in the handwash segment.Hair colours sustained their growth momentum, with market-share gains across key brands. Godrej Rich Crème continued to perform in line with expectations, while the company announced the launch of Hair Lab, marking its entry into the premium hair colour segment.The perfumes and deodorants category delivered double-digit growth, driven by healthy underlying volume growth in deodorants.

Perfumes and eau de parfums (EDPs) continued to grow ahead of the broader category, according to the company.Indonesia recovery continuesGodrej Consumer Products said its Indonesia business continued to recover in line with its plans, reporting 20% sales growth and 8% underlying volume growth.Performance was broad-based across categories, with the company attributing support to El Niño-related conditions.

EBITDA grew 12% despite liquefied petroleum gas (LPG) prices increasing more than twofold.The relaunch of Stella LV also recorded strong consumer traction and sell-outs, the company said.Africa, USA and Middle East maintain growth momentumThe Africa, USA and Middle East business reported 40% sales growth in reported currency terms and 23% growth in constant currency terms. Underlying volume growth stood at 16%, while EBITDA increased 43%.The business has now delivered seven consecutive quarters of top-line growth and 11 consecutive quarters of bottom-line growth, according to the company.Growth remained broad-based across categories and geographies.

Wet hair and Aer continued to scale across markets, while Goodknight Incense Sticks was piloted in Nigeria, with the company reporting encouraging early consumer feedback.Godrej Consumer Products retains FY27 guidanceGodrej Consumer Products retained its FY27 outlook, targeting high-single-digit underlying volume growth in its standalone business and double-digit revenue and EBITDA growth at the consolidated level.The company said revenue had run ahead of plan during the first half of the financial year, keeping it on track to meet its targets, with the potential to exceed them in select areas."We remain confident in the resilience of our portfolio, the strength of our brands, and our ability to deliver sustained, profitable growth going forward.

Our measure of outperformance remains double digit UVG and Profit growth," said Aasif Malbari, Managing Director and CEO of Godrej Consumer Products.Godrej Consumer Products share priceAhead of the results announcement, Godrej Consumer Products shares settled at Rs 837 on the NSE, up 1.82% from the previous close of Rs 822.The stock traded in a range of Rs 810.10 to Rs 844.15 during the session. At the closing price, the company had a market capitalisation of approximately Rs 85,664 crore.Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser.

Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution.

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