 "Godrej Consumer expects mid single-digit sales growth in Q1 of FY21")
Godrej Consumer Products (GCPL) on Monday said in its quarterly update that it expected to post mid single-digit sales growth in the April-June period (Q1) in India, driven by higher volumes. The India business contributes 55 per cent to GCPL's overall revenue.
The maker of Cinthol soaps and GoodKnight mosquito repellents said it saw the impact of the national lockdown in the early part of Q1 in India, but added that it ramped up production quickly and resolved logistical challenges.
"We also leveraged technology, strong relationships with our channel partners and were agile with feet on ground to meet the consumer demand,"
