Godrej Consumer Products share price fell 3 percent on November 12

godrej consumer

Godrej Consumer Products share price fell 3 percent on November 12 a day despite company reported better numbers for the quarter ended September 2021.

Godrej Consumer Products’ consolidated Q2FY22 net profit was up 4.6% at Rs 478.89 crore versus Rs 458.02 crore and revenue was up 8.5% at Rs 3,163.65 crore versus Rs 2,915.12 crore, YoY.

Earnings before interest, tax, depreciation and amortizations (EBITDA) was down 2% at Rs 659.5 crore versus Rs 673 crore and margin was at 20.8% versus 23.1%, YoY.

News Source: MoneyControl

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