New product launches, margins to drive gains for Godrej Consumer Products

GCPL is targeting high single-digit volume growth in FY25 and is looking to gain rural market share under 'Project Vistaara 2.0'

Godrej Consumer Products (GCPL) reported 6 per cent year-on-year (Y-o-Y) consolidated net revenue growth in Q4FY24 to Rs 3,385 crore and this was impacted adversely by currency movement. The constant currency (CC) growth would have been 30 per cent Y-o-Y in Q4FY24. India business clocked 12 per cent Y-o-Y revenue growth (5 per cent of it organic) with volume growth of 15 per cent Y-o-Y (7 per cent organic).

In the domestic business, home care and personal care segments registered 6 per cent and 4 per cent Y-o-Y growth, respectively. The household insecticides or HI (Hit, Good Knight) category was