Godrej Consumer Q3 Results: Profit disappoints, other parameters top estimates; ₹5 dividend declared

FMCG major Godrej Consumer Products Ltd on Friday (January 23) reported a net profit of ₹498 crore for the third quarter, flat year-on-year and below the CNBC-TV18 poll estimate of ₹598 crore.

Revenue for the quarter stood at ₹4,099 crore, compared with the CNBC-TV18 poll estimate of ₹4,112 crore. On a year-on-year basis, revenue rose 8.8% from ₹3,768.4 crore in the corresponding quarter last year.

EBITDA for the quarter came in at ₹880.5 crore, higher than the forecast of ₹850 crore, increasing 16.4% year-on-year from ₹756 crore. The EBITDA margin for the quarter stood at 21.5%, higher than the CNBC-TV18 poll estimate of 20.7%, and above last year's 20.1%.

Also Read: Godrej Consumer Q2 profit dips amid GST-led disruptions; eyes stronger H2 recovery

Consolidated sales for the quarter grew 9% in INR terms and 7% in constant currency year-on-year, supported by underlying volume growth of 7%.

In India, the company reported Q3FY26 sales of ₹2,484 crore, up 11% year-on-year, with underlying volume growth of 9%. EBITDA for the Indian business grew 22% to ₹616 crore. Among categories, home care posted 12% growth, while personal care grew 7%.

In Indonesia, GCPL faced pricing pressures but saw early signs of stabilisation. Underlying volume growth reached 5%, led by shampoo, home care and baby care, although sales declined 3% in both constant currency and INR terms due to competitive pricing. EBITDA grew 2% on the back of strict cost discipline and controls, with expectations for improved operating conditions from FY27.

Africa, the US, and the Middle East delivered strong performance, with consolidated sales growing 19% in INR and 8% in constant currency. EBITDA in these markets grew 18%, driven by hair fashion and air fresheners. Hair care continued to show double-digit growth across Africa, while the Aer Pocket brand gained strong traction across key markets.

Also Read: Godrej Consumer Products expects high single-digit volume growth in FY26 for India business

The board of directors approved an interim dividend for FY26 of ₹5 per share, representing 500% on equity shares with a face value of ₹1 each. The record date to determine the shareholders eligible for the dividend has been fixed as Friday, January 30. The dividend will be paid on or before Sunday, February 22.

Sudhir Sitapati, Managing Director and CEO, GCPL, said, "At a consolidated level, we delivered robust growth across all key financial metrics. Revenues grew 9% in INR terms, underpinned by a healthy 7% underlying volume growth. EBITDA expanded by 16%, with margins reaching 21.6%. Most notably, net profit before exceptionals and one-offs grew by an impressive 14%, underscoring the quality and sustainability of our earnings growth."

He added, "Our standalone India business delivered excellent performance, driven by high single-digit underlying volume growth. EBITDA margins stood at a healthy 24.8%, supported by favourable input costs, disciplined cost management, calibrated pricing actions, and improved operating leverage."

Also Read: Godrej Consumer Q1 Results | Profit misses estimates, revenue up 10% year-on-year

Shares of Godrej Consumer Products Limited ended at ₹1,244.05, down by ₹2.20, or 0.18%, on the BSE today, January 23.