Summary of Key Information:
Reporting Period: Quarter and Half Year ended September 30, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI Listing Regulations
Audit Opinion:
The Limited Review Reports of the Statutory Auditors contain an unmodified conclusion with respect to the Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Half Year ended September 30, 2026.
Key Financial Highlights [₹ Crore]:
Consolidated Results:
Quarter ended September 30, 2026:
- Revenue from Operations: ₹4,413.09 crore (Q2 FY26: ₹3,708.19 crore)
- Total Income: ₹4,463.63 crore (Q2 FY26: ₹3,771.04 crore)
- Profit Before Exceptional Items and Tax: ₹705.37 crore (Q2 FY26: ₹654.67 crore)
- Exceptional Items (net): (₹8.88) crore
- Profit Before Tax: ₹696.49 crore (Q2 FY26: ₹625.01 crore)
- Net Profit: ₹522.92 crore (Q2 FY26: ₹459.34 crore)
- EPS (Basic): ₹5.11 (Q2 FY26: ₹4.49)
Half Year ended September 30, 2026:
- Revenue from Operations: ₹8,638.56 crore (H1 FY26: ₹7,279.51 crore)
- Total Income: ₹8,740.34 crore (H1 FY26: ₹7,425.20 crore)
- Profit Before Exceptional Items and Tax: ₹1,397.48 crore (H1 FY26: ₹1,287.91 crore)
- Exceptional Items (net): (₹24.44) crore
- Profit Before Tax: ₹1,373.04 crore (H1 FY26: ₹1,238.71 crore)
- Net Profit: ₹1,027.44 crore (H1 FY26: ₹911.79 crore)
- EPS (Basic): ₹10.04 (H1 FY26: ₹8.91)
Standalone Results:
Quarter ended September 30, 2026:
- Revenue from Operations: ₹2,653.02 crore (Q2 FY26: ₹2,353.39 crore)
- Total Income: ₹2,676.99 crore (Q2 FY26: ₹2,400.09 crore)
- Profit Before Exceptional Items and Tax: ₹485.71 crore (Q2 FY26: ₹481.28 crore)
- Exceptional Items (net): (₹26.26) crore
- Profit Before Tax: ₹459.45 crore (Q2 FY26: ₹481.28 crore)
- Net Profit: ₹337.33 crore (Q2 FY26: ₹356.25 crore)
- EPS (Basic): ₹3.30 (Q2 FY26: ₹3.48)
Half Year ended September 30, 2026:
- Revenue from Operations: ₹5,209.74 crore (H1 FY26: ₹4,648.35 crore)
- Total Income: ₹5,263.11 crore (H1 FY26: ₹4,759.25 crore)
- Profit Before Exceptional Items and Tax: ₹973.04 crore (H1 FY26: ₹960.38 crore)
- Exceptional Items (net): (₹29.32) crore
- Profit Before Tax: ₹943.72 crore (H1 FY26: ₹960.38 crore)
- Net Profit: ₹700.05 crore (H1 FY26: ₹710.94 crore)
- EPS (Basic): ₹6.84 (H1 FY26: ₹6.95)
Segment-wise Performance [₹ Crore]:
Quarter ended September 30, 2026:
- India: Revenue ₹2,654.07 crore, Segment Profit ₹521.71 crore
- Indonesia: Revenue ₹538.29 crore, Segment Profit ₹117.53 crore
- Africa (including Strength of Nature): Revenue ₹1,070.54 crore, Segment Profit ₹134.88 crore
- Others: Revenue ₹284.11 crore, Segment Profit ₹21.44 crore
Half Year ended September 30, 2026:
- India: Revenue ₹5,211.48 crore, Segment Profit ₹1,049.92 crore
- Indonesia: Revenue ₹1,025.20 crore, Segment Profit ₹235.10 crore
- Africa (including Strength of Nature): Revenue ₹2,076.67 crore, Segment Profit ₹237.57 crore
- Others: Revenue ₹542.43 crore, Segment Profit ₹54.99 crore
Corporate Actions:
- Declared interim dividend of ₹5 per equity share (500% on face value of ₹1 each) for FY27
- Record Date: Wednesday, November 4, 2026
- Dividend payment date: On or before Friday, November 27, 2026
Other Significant Information:
Exceptional Items:
For Q2 FY26, consolidated exceptional items include ₹(11.29) crore for restructuring in India, Indonesia and Africa (Gain on sale of fixed assets, severance pay and other restructuring costs) and ₹20.17 crore for increase in fair valuation of contingent consideration payable on acquisition of Muuchstac brand.
For H1 FY26, consolidated exceptional items include ₹7.96 crore for litigation costs incurred by Strength of Nature LLC (USA) for product litigation including class action suit over hair relaxer products, ₹(2.19) crore for restructuring, ₹24.24 crore for increase in fair valuation of contingent consideration payable on acquisition of Muuchstac brand, and ₹(5.57) crore statutory impact of new Labour codes on gratuity and leave encashment benefits in India.
Investment Activity:
- During the quarter, the Company made additional investment of ₹200 crore in its wholly owned subsidiary, Godrej Pet Care Limited, through subscription to equity shares
Accounting Policy Change:
- During Q4 FY26, the Company reassessed classification of certain promotional expenditures and reclassified consideration payable to customers from expenses to offsetting from revenue from operations
- Comparative figures for Q2 and H1 FY26 have been restated accordingly
Employee Stock Grants:
- During H1 FY27, the Company granted 11,64,088 stock options/grants (net of lapses) to eligible employees
- 60,372 Equity Shares allotted upon exercise of vested stock grants
Hyperinflation Accounting:
- Ind AS 29 applied to entities with functional currency of Argentina Peso
- Resulted in increase in revenue from operations by ₹1.91 crore and decrease in profit by ₹22.33 crore for H1 FY27
- Increase in net non-monetary assets by ₹34.02 crore with corresponding increase in total Equity as of September 30, 2026
Assets and Liabilities Position [as at September 30, 2026, ₹ Crore]:
Consolidated:
- Total Assets: ₹22,306.34 crore (Mar 31, 2026: ₹21,333.58 crore)
- Total Equity: ₹12,618.15 crore (Mar 31, 2026: ₹12,652.95 crore)
- Total Liabilities: ₹9,688.19 crore (Mar 31, 2026: ₹8,680.63 crore)
Standalone:
- Total Assets: ₹13,587.06 crore (Mar 31, 2026: ₹13,365.06 crore)
- Total Equity: ₹7,519.69 crore (Mar 31, 2026: ₹7,844.57 crore)
- Total Liabilities: ₹6,067.37 crore (Mar 31, 2026: ₹5,520.49 crore)
Cash Flow Performance [H1 FY27, ₹ Crore]:
Consolidated:
- Net Cash from Operating Activities: ₹647.04 crore (H1 FY26: ₹655.76 crore)
- Net Cash used in Investing Activities: ₹(318.00) crore (H1 FY26: ₹680.64 crore)
- Net Cash used in Financing Activities: ₹(711.09) crore (H1 FY26: ₹(1,279.65) crore)
- Net Decrease in Cash: ₹(382.05) crore (H1 FY26: ₹56.75 crore increase)
Standalone:
- Net Cash from Operating Activities: ₹521.45 crore (H1 FY26: ₹513.46 crore)
- Net Cash from Investing Activities: ₹78.06 crore (H1 FY26: ₹577.01 crore)
- Net Cash used in Financing Activities: ₹(609.69) crore (H1 FY26: ₹(1,189.14) crore)
- Net Decrease in Cash: ₹(10.18) crore (H1 FY26: ₹(98.67) crore)