Godrej Consumer Expects Rural Demand To Recover In Next Two Quarters
  • WebDesk BTVI
  • Aug 02 2019

Godrej Consumer Products reported another quarter of disappointing performance, with lower than expected revenue growth, flat domestic sales and 5 per cent volume growth. Speaking to BTVI, the company's managing director Vivek Gambhir, said he expects another rate cut from RBI to help ease liquidity crunch. He said good monsoons, rise in food inflation and government incentives will revive rural demand in next two quarters. He also expects a volume growth of 8-10 per cent for FY20. Here's more.