Godrej Consumer Products shares fell 3.3% following a 14.2% YoY drop in Q3 FY25 net profit to Rs 498.31 crore. Revenue from operations grew 3.5% YoY. Challenges included higher palm oil prices and urban consumption slowdown, impacting EBITDA margins. Analysts have a mixed outlook, with reduced target prices and EPS estimates.
Onion prices rise 20% in past two weeks as rains damage crop
Pune’s onion prices have surged by approximately 20% in the last two weeks due to crop damage from heavy rains, leading to reduced market arrivals.