Godrej teams up with Assam government to boost healthcare set up for COVID-19
Godrej teams up with Assam government to boost healthcare set up for COVID-19
07 January 2021 | News The relief efforts, part of GCPL s CSR initiative, comprises of setting up 38 ICU beds at Gauhati Medical College and Hospital (GMCH) along with adequate supply of Godrej Protekt sanitisers
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Godrej Consumer Products Limited (GCPL), a leading emerging markets company, has joined hands with the Health Department of Assam to boost the healthcare infrastructure of hospitals handling COVID-19 cases.
The relief efforts, part of GCPL s CSR initiative, comprises of setting up 38 ICU beds at Gauhati Medical College and Hospital (GMCH) along with adequate supply of Godrej Protekt sanitisers. The total investment behind these initiatives is more than Rs 28 lakh.
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Stock recommendation
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Godrej Consumer Products said that during the third quarter, demand trends in the categories across the key countries that the company operates in, remained stable.
In India, the company expects to deliver a second consecutive quarter of close to low double-digit sales growth, driven by higher than mid-single digit volume growth. This is led by Soaps, which is expected to deliver strong mid-teen growth. Following a sharp recovery, Hair Colours is also expected to deliver mid-teen growth. Household Insecticides is expected to deliver close to high single-digit growth. The company continued the robust scale up of its personal and home hygiene category.
NEW DELHI: Godrej Consumer Products has reported that demand trends in key categories remained stable in the quarter ended 31 December 2020. In India, the company expects to deliver a second consecutive quarter of close to low double-digit sales growth, driven by higher than mid-single digit volume growth. This is led by soaps, which is expected to deliver strong mid-teen
In the India business, for the December quarter, GCPL expects close to low double-digit sales growth, driven by higher than mid-single digit volume growth