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VERIFIEDET Markets·negative

Godrej Consumer shares slide 4% after Q1 margin falls amid commodity inflation; Rs 5/share dividend declared

AI Summary
  • ·Godrej Consumer Products shares declined 4.3% following the announcement of its June quarter results.
  • ·Consolidated net profit for the quarter increased by 12% year-on-year, reaching Rs 505 crore.
  • ·Revenue from operations saw an 18% rise, amounting to Rs 4,225 crore.
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