GODREJCP / Q3-FY24 / risks

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Godrej Consumer Products · Material risks, their source context, and severity in the latest available quarter.

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PositiveQ3-FY24 · 2024-01-19Back to quarter ↗

Risk intelligence

Material risks this quarter

Currency volatility in GAUM and LATAM

Argentine peso devaluation from 361 to 808 has impacted nine months of revenue, with mid-single-digit negative impact on consolidated sales.

medium

Competitive response to new launches

Analyst raised concern that disruptive pricing in liquid detergent could be quickly copied by larger players; management acknowledged but expressed confidence.

medium

Trade margin disadvantage in incense sticks

Illegal incense sticks offer higher trade margins; management plans to use direct distribution to counter but risk remains.

medium