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BSE LIVE NSE LIVE 26 Aug, 2025 12:21 Volume Todays L/H More ×
The shares of Godrej Consumer Products dropped nearly 3 percent to hit a six-month low of Rs 1,120 apiece on October 8. This comes after the FMCG major released its business update for Q2 FY26, stating that the GST reforms may have a short-term impact on its profitability.
In an exchange filing released in the post market hours of October 7, Godrej Consumer Products explained that the latest GST rate cuts have resulted in certain "short-term adjustments" across trade channels, as distributors and retailers focused on liquidating existing inventories. This delayed the flow of new orders and temporarily deferred consumer purchases, adversely affecting both g