Godrej Consumer Q4 FY26: India strength, international investments, and a revenue presentation reset

Consolidated net sales were INR 3,885 crore (+11% YoY), underlying volume growth was 6%, EBITDA grew 10% and operating EBITDA margin was 21.7%; reported net profit was INR 452 crore (+10% YoY).

Standalone (India) grew 10% YoY to INR 2,339 crore; Africa, USA and Middle East grew 20% to INR 799 crore; Indonesia grew 3% to INR 492 crore; Latin America and Others grew 26% to INR 314 crore.

Following an ICAI Expert Advisory Committee opinion (Feb 2026) on Ind AS 115, GCPL reclassified certain customer-related promotional spends as a reduction from revenue rather than expenses.

No. Management stated the reclassification has no impact on EBITDA, PBT, PAT, total equity, or cash flows; it mainly changes revenue and certain expense line items and optically affects margins and turnover ratios.

Operating EBITDA margin was 24.7% in standalone, 28.2% in Indonesia, 14.9% in Africa, USA and Middle East, and 2.4% in Latin America and Others (impacted by one-time costs).

Management expects Indonesia operating conditions to improve from FY27 as pricing pressure abates; it also indicated near-term margin pressure if crude remains around USD 100 to 110, alongside calibrated pricing actions.