Godrej Consumer Products Limited will report its fourth-quarter earnings on Friday and analysts expect the consumer goods company to post subdued results this quarter.
The stock has been an underperformer, down 20 percent year-to-date and trades at around 36 times FY20 earnings.
The Q3 results were weak, volume growth was just about 1 percent and the street expects an increase of 4-5 percent in terms of volume growth.
The net profit is likely to be flat at around Rs 420 crore, as compared Rs 423 in the third quarter.
The company's consolidated revenue is likely to be higher by about 2 percent at Rs 2,583 crore.
Sales expected to be muted due to extended winter and delayed summer.
Soap sales expected to be impacted by delayed summer and high base. Around 4-5 percent growth expected in the soap business.
Household insecticides to be impacted by the continued slowdown in liquids and aerosols.
First Published:May 3, 2019 9:17 AM IST