 "GCPL stocks zoom 11% on good Q4 results")
After disappointing results from Dabur, Godrej Consumer Products Limited (GCPL) took the markets by surprise. Re-bound in domestic sales from note ban, continued growth in global business (48 per cent of revenues), and robust expansion of margin, helped GCPL post better-than-expected profit for the March quarter (Q4). Equally interesting, the road ahead looks good, barring bumps such as implementation of goods and services tax (GST).
GCPL's volume growth in domestic sales of branded products stood at five per cent in Q4 as against a decline of three per cent in the December 2016 quarter (Q3). In fact, the company's
GCPL's volume growth in domestic sales of branded products stood at five per cent in Q4 as against a decline of three per cent in the December 2016 quarter (Q3). In fact, the company's
