The company said consumption during the quarter was impacted by uneven monsoon conditions led by an intensifying El-Niño and inflationary pressures across several commodity-linked inputs, although the quarter had a supportive comparator.
“As reiterated during our investor call in September 2026, we remain focused on delivering consistent performance in line with our annual guidance. We expect to deliver another strong quarter in Q2 FY27 despite consumption being impacted by uneven monsoon conditions led by an intensifying El-Niño and inflationary pressures across several commodity-linked inputs, albeit a supportive comparator this quarter,” Godrej Consumer Products said in a regulatory filing.
ALSO READ | Godrej Industries sells 0.50% stake in Godrej Consumer Products for ₹450 crore
For the standalone business, Godrej Consumer expects revenue growth in the teens and high-single-digit underlying volume growth, despite an estimated 100–150 basis point impact from trade inventory correction. The company said growth was supported by its Personal Care and Home Care portfolios.
Its Indonesia business is expected to report revenue growth in the high teens, supported by high-single-digit volume growth. The company attributed the expected performance to improved execution, sustained market share momentum and healthy category trends.
The Godrej Africa, USA and Middle East (GAUM) business is expected to deliver double-digit revenue and volume growth. The company said growth in the business continues to be driven by market development of core categories and portfolio transformation through the scaling of fast-moving consumer goods (FMCG) categories.
ALSO READ | Godrej Consumer Q1 Results: Volume growth at higher end of estimates; Dividend declared
On commodity costs, the company said, “Input cost pressures intensified during the quarter. While certain commodities had shown signs of moderation towards the end of Q1 FY27, Q2 witnessed renewed inflation across several key raw-material baskets, including crude-linked derivatives, palm oils, and other commodity inputs.
We are responding through a combination of calibrated pricing actions, cost-saving initiatives, supply-chain efficiencies, and disciplined cost management.”The company added, “We will continue to prioritise volume-led growth while protecting the long-term health of our brands through appropriate investments in innovation, distribution, and category development.”
Godrej Consumer said it remains on track to deliver its full-year guidance and expects to exceed it in select areas through broad-based performance across businesses.
ALSO READ | Godrej Consumer shares fall 5% as analysts cite near-term challenges despite guidance reiteration
It said, “The strength of our portfolio, the resilience of consumer demand across our markets and the continued momentum across our growth platforms reinforce our confidence in delivering sustained and profitable growth over the medium term.”
Shares of Godrej Industries Ltd ended at ₹1,038.75, up by ₹17.55, or 1.72%, on the BSE.