Godrej Consumer Expects Low Double-Digit Sales Growth In Q2

Godrej Consumer Products Ltd. expects sales to rise in the quarter ended September as demand remained stable across categories and geographies it operates in.

“In India, we expect to deliver close to low double-digit year-on-year sales growth this quarter, led by hygiene (including soaps) and household insecticides categories,” the consumer goods maker said in its quarterly update to the exchanges. That’s despite a marginal impact on household insecticides on account of regional lockdowns and resultant back-end supply chain disruptions.

With a Covid-19 vaccine still some time away, customers are focusing more on health to avoid contagion. Ever since the outbreak of the novel coronavirus, that has infected more than 66 lakh people in India, sale of sanitisers to household disinfectants and insecticides has spiked. While many consumer goods makers have expanded their product…

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