Godrej Consumer will report its Q3 results on Tuesday and CNBC-TV18 poll expects weakness in its margins. Consolidated sales are likely to grow in the high single digits. While there will be single-digit sales growth in India led largely by price and flat volumes.
Gross margins to improve quarter-on-quarter because the price hikes that they have taken year-on-year will be still lower and higher ad spends would mean EBITDA margins would be lower as well.
Watch the accompanying video of CNBC-TV18’s Mangalam Maloo for more details.
First Published: Feb 7, 2022 5:47 PM IST
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