4Q FY 2020 Results - GCPL Plans a Robust Recovery and Launches New Products to Tide Over the COVID-19 Slowdown

/ -- Godrej Consumer Products Limited (GCPL), a leading emerging markets FMCG company, today announced its financial results for the quarter ending March 31, 2020.

Financial Overview 4Q FY 2020 Financial Performance Summary:
4Q FY 2020 consolidated constant currency sales declined by 11% year-on-year
India business sales declined 18% year-on-year led by 15% year-on-year decline in volume
International business sales declined 2% year-on-year, on a constant currency basis
4Q FY 2020 consolidated constant currency EBITDA declined by 15% year-on-year; consolidated EBIDTA margins declined to 22.3%
4Q FY 2020 consolidated net profit and EPS (without exceptional items and one-offs) INR 316 crore and INR 3.09 respectively
Going forward, we are ramping up our supply chain operations and distribution, in line with the prescribed safety measures and easing of lockdowns in various countries. Since the situation is very dynamic, our teams are continuing to manage our business prudently, while assessing various scenarios for business recovery. We will continue to focus on driving our market share and launch relevant innovations to enhance our competitiveness. The situation calls for an extraordinary level of adaptability, resilience and agility - and our teams are well-geared to embrace this challenge."
Business Review - India
Performance Highlights
4Q FY 2020 India sales declined by 18% to INR 1,089 crore; volumes declined by 15%
4Q FY 2020 secondary sales (sales from distributors to retailers) declined by 11%
4Q FY 2020 Adjusted EBITDA declined by 23% to INR 301 crore
4Q FY 2020 net profit without exceptions and one off items declined by 25% to INR 222 crore
Household Insecticides
Soaps
Hair Colours
Business Review - International
Indonesia
GAUM (Africa, USA and Middle East)
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