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Godrej Consumer Shares Gain 2 Percent After Strong Q2 Update
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Moneycontrol•06-10-2026, 10:21
Godrej Consumer Shares Gain 2 Percent After Strong Q2 Update
- •Shares of Godrej Consumer Products rose nearly 2 percent following a strong Q2 business update projecting high-teens revenue growth.
- •Consolidated underlying volume growth is expected at high-single-digit, while standalone revenue growth is likely in the teens.
- •Nomura has retained its Buy rating on the stock with a target price of Rs 1,110, citing a better-than-expected Q2 performance.
- •Input cost pressures intensified during the quarter across crude-linked derivatives and palm oils, prompting cost-saving measures.
Key Questions Answered
Nomura has retained its 'Buy' rating on Godrej Consumer Products with a target price of Rs 1,110 following a strong Q2 business update that exceeded expectations for sales and EBITDA growth.
Godrej Consumer Products projected high-teens revenue growth, double-digit EBITDA growth, and high-single-digit consolidated underlying volume growth for Q2 FY27.
The company is responding to intensified input cost pressures across crude-linked derivatives, palm oils, and other commodities through calibrated pricing, cost savings, supply-chain efficiencies, and disciplined cost management.
