Date: July 3, 2026

Performance Overview

Godrej Consumer Products provided a quarterly update for Q1 FY27 (ended June 30, 2026) based on internal unaudited management reports. The quarter saw significant volatility in costs due to movement in crude prices and other raw materials, along with sourcing challenges resulting in lower fill rates across markets. Despite these challenges, the company navigated through agile planning, sourcing, and calibrated pricing actions.

Consolidated Performance Expectations

  • Expected high-teens revenue growth in Q1 FY27, meaningfully ahead of full-year double-digit revenue growth guidance
  • Backed by strong high single-digit underlying volume growth (UVG)
  • Consolidated EBITDA expected to land ahead of double-digit guidance
  • Margins expected to be lower due to exceptional cost pressures

Regional Business Performance

Standalone India Business

  • Likely to deliver double-digit revenue growth for the quarter
  • Underpinned by high single-digit underlying volume growth
  • Growth described as broad-based across categories

Indonesia Business

  • Delivered meaningful step-up in performance with mid-teens revenue growth
  • Achieved double-digit underlying volume growth
  • Competitive pressures abating with market share gains sustained across categories
  • Business described as back on a profitable growth journey

GAUM Business (Godrej Africa, USA, and Middle East)

  • Delivered exceptionally strong quarter with extremely strong double-digit sales growth
  • Strong underlying volume growth in the teens
  • Growth described as broad-based across geographies and categories
  • Strategy of building FMCG categories continues to see strong consumer traction across markets

Commodity and Cost Environment

  • Input costs remained elevated through most of Q1 FY27, broadly within cost impact ranges outlined in previous update
  • Costs began to ease in the closing weeks of the quarter
  • Company response included calibrated pricing actions, strong delivery on cost-savings programmes, and prudent media optimization
  • Margins expected to recover progressively through the year
  • El Niño conditions noted as potential risk for weather volatility across key markets, with potential to disrupt agricultural output and rural demand
  • Geographically diversified sourcing and portfolio provide meaningful resilience against such volatility
  • No major impact foreseen from weather volatility

Full-Year Outlook

  • Revenue growth tracking ahead of original expectations
  • Input costs beginning to ease
  • Increased confidence for remainder of FY27
  • Remain firmly on track to deliver full-year guidance with strong likelihood to exceed in select metrics
  • Company remains confident in portfolio resilience, brand strength, and ability to deliver sustained, profitable growth

Business Context

Godrej Consumer Products serves 1.4 billion consumers globally and ranks among the largest Household Insecticide and Hair Care players in emerging markets. The company holds leadership positions in Household Insecticides in India, Hair Care for women of African descent, Hair Colour in India and Sub-Saharan Africa, and is number two in Soaps in India.