Godrej Consumer Q3 update: Company reports steady global growth amid market challenges, click to know more

Limited on 5 January announced that its organic business delivered steady underlying volume growth of mid single digit in the quarter ended December 30, 2023. Apart from this, the firm said growth was broad based across both Home Care and Personal Care. The firm in a regulatory announcement said that Park Avenue and KamaSutra brands, owned by it, continue to perform well and are on track to achieve the full year ambition.

Also, reported volume growth of the company continues to be in double digits. "Our Indonesia business continues to deliver compelling performance, with close to double digit volume growth and high single digit constant currency sales growth," the firm said in a regulatory filing. Among others, the firm said that the GAUM (Godrej Africa, USA, and Middle East) business had flattish to mild decline in volume growth, drtiven by trade destocking in geographies that the plan to restructure in Q4.

"Although it sustained double digit constant currency sales growth, the impact of the Naira devaluation will result in high single digit sales decline," it said. Livemint tops charts as the fastest growing news website in the world to know more. Unlock a world of Benefits! From insightful newsletters to real time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away!.