Godrej Consumer Products Limited (GODREJCP.BO)

India's Godrej Consumer Products posts rise in Q4 adjusted profit

India's Godrej Consumer Products reported a nearly 20% rise in fourth-quarter profit before a one-time charge on Monday, benefiting from higher demand for its home and personal care products. Rising household incomes and evolving lifestyles have fuelled the growth of consumer goods makers like Godrej Consumer Products, at a time when other companies have reported mixed results. Consumers are spending more on a variety of the company's offerings, from Cinthol soap to Godrej Expert hair colour.