The company had posted a consolidated net profit of Rs 225.17 crore in the corresponding period last fiscal, GCPL
said in a BSE filing.
On a standalone basis, GCPL
's Q3 net profit increased 29% from Rs 232 crore to Rs 299 crore, while total income rose 11% from Rs 1,296 crore to Rs 1,444 crore.
undertaken several key projects that accelerated GCPL
'S domestic growth
Mahendran, a qualified chartered accountant, set up GCPL
six months after leaving Godrej Consumer.
The second project will go online in 2014 and involves a new liquid oxygen storage and vaporization facility at the Freeport air separation unit complex to supply oxygen to the GCPL
Adi Godrej, Chairman, GCPL
, said, "Megasari Group provides us a strong platform to establish a significant foothold in Indonesia, which is among the largest consumer markets in Asia.
Also speaking on the launch, Sunil Kataria, EVP, Marketing & Sales, GCPL
, said, "Air care is an exciting category which has been witnessing growth in excess of 20 percent per annum.
Today, the BT 500 rankings show that Godrej Consumer Products Ltd (GCPL
) has shot up from #150 to #101.
Recollecting challenges faced in 2017, GCPL
Business Head (India and SAARC) Sunil Kataria said, "Demonetisation was a black swan event for the Indian economy.
Comments: Godrej Consumer Products Limited (GCPL
) calls itself India's largest home-grown home and personal care company.
Leading companies such as Dabur, Marico and Godrej Consumer Products (GCPL
) have either drawn up a blueprint or have completed impact analysis of a post-GST scenario.