Godrej Consumer Shares Fall Nearly 4% After Q2 Results As Margins Come Under Pressure

NDTV Profit

Godrej Consumer Products shares fell as much as 7.1% intraday before recovering to trade 3.8% lower at Rs 805.05. The September-quarter results showed 8% consolidated volume growth, but gross margin contracted 300 basis points year on year.

Summary from NDTV Profit