Godrej Consumer Products (GODREJCP) Q3 25/26 earnings summary

Executive summary

• Q3 FY26 delivered 9% consolidated revenue growth and 16% EBITDA growth year-over-year, with strong performance in India and Africa, USA & Middle East segments.

• Standalone business achieved 11% net sales growth and 22% EBITDA growth, with EBITDA margins at 24.8%.

• Unaudited standalone and consolidated results for the quarter and nine months ended December 31, 2025, were approved, with an unmodified review report.

• Acquisition of Muuchstac completed, strengthening the men's face wash portfolio and integrating operations as planned.

• Interim dividend of ₹5 per share declared for FY 2025-26, with record date set for January 30, 2026.

Financial highlights

• Consolidated revenue for Q3 FY26 was ₹4,099.12 crore, up from ₹3,768.43 crore in Q3 FY25, with underlying volume growth of 7% year-over-year.

• Net profit after tax for Q3 FY26 stood at ₹497.91 crore, and net profit excluding exceptionals was ₹572 crore.

• EBITDA margin was 21.6% consolidated and 24.8% standalone.

• Home care segment posted 12% value growth; personal care grew 7%.

• Earnings per share for Q3 FY26 were ₹4.87.

Outlook and guidance

• Confident of achieving high single-digit consolidated revenue growth for the year, with India business expected to maintain growth and normative EBITDA margins in Q4 FY26.

• GAUM to continue double-digit revenue and profit growth; Indonesia recovery expected from FY27, with early signs of stabilization.

• The company continues to monitor regulatory changes, especially regarding new Labour Codes, and will adjust accounting as needed.

• Focus remains on category development, cost discipline, and operating excellence.