Soap, home insecticides segments hit, Godrej Consumer Products expects flattish volume growth in India sales in Q3

Godrej Consumer Products (GCPL) anticipates flattish volume growth and mid-single-digit sales growth in India for the December quarter due to increased soap prices and sluggish home insecticide sales caused by unseasonal rains. While two-thirds of its domestic business is affected, the remaining portfolio is expected to deliver double-digit growth. International business continues to perform well, particularly in Indonesia.