Godrej Consumer Products Ltd (GCPL) posted a net profit of ₹459.3 crore for Q2FY26, down 6.5% from ₹491.3 crore a year ago, missing CNBC-TV18’s poll estimate of ₹493 crore.

Revenue rose 4.3% year-on-year to ₹3,825 crore, marginally below expectations of ₹3,850 crore, while EBITDA declined 3.5% to ₹733.6 crore.

Operating margin stood at 19.2%, easing from 20.7% last year.

The company’s India business remained healthy, with sales up 4% and volume growth of 3%, supported by double-digit growth in non-soap categories.

CEO Sudhir Sitapati said the recent GST rate cut is a “welcome structural reform” but caused short-term disruptions as trade channels adjusted, particularly in soaps and hair colour.

Internationally, performance was mixed — Indonesia saw a mid-single-digit volume up

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