Godrej Consumer's shares have fallen 13.48% in the last 12 months and risen 6.54% year-to-date. (Source: Company website) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Godrej Consumer Products Ltd., while disclosing its second-quarter business update in an exchange filing, projected mid-single digit revenue growth in rupee terms on a consolidated level.

This comes after the government in September announced cuts in Goods and Service Tax, that will benefit nearly one-third of Godrej Consumer's portfolio including soaps, talcum powders, shampoos and shaving creams. However, the GST transition is expected to have a short-term impact on profitability, which will lead to decline in operating income, or earnings before interest, taxes, depreciation, and amortisation (Ebitda)

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