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GCPL Q3 net profit reduces 4.3% to Rs 352 cr post demonetisation

GCPL Q3 net profit reduces 4.3% to Rs 352 cr post demonetisation

Monday, January 30, 2017, 4:12 PM

FMCG firm Godrej Consumer Products Ltd (GCPL) today registered a 4.34% decline in consolidated net profit at Rs 351.78 crore for the December 2016 quarter partly due to the impact of note ban. Its net profit for October-December last year stood at Rs 367.75 crore. During the quarter, GCPL's India businesses primary sales came in flat due to demonetisation.
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