Godrej Industries completed the open‑market sale of 0.50% of its equity in Godrej Consumer Products Ltd (GCP) on September 24, 2026, fetching ₹450.12 cr. The transaction was executed without a separate sale agreement and does not trigger related‑party or slump sale provisions.
The divestment leaves Godrej Industries holding 23.23% of GCP’s equity, a slice that, as of March 31, 2026, accounted for ₹3,989.08 cr—35.69% of the group’s consolidated net worth—yet contributed zero to consolidated turnover.
In the quarter ended June 30, 2026, the company’s consolidated net profit fell 18.7% YoY to ₹284 cr from ₹350 cr, while revenue from operations rose 22.2% to ₹5,448.1 cr. EBITDA surged 52.4% to ₹604.7 cr, expanding the margin to 11.1% from 8.9%.
The real‑estate arm, Godrej Properties, booked ₹8,651 cr in June, up 22% YoY, after selling 3,738 units covering 6.2 million sqft and adding three projects with a potential ₹9,500 cr booking value.
On the BSE, Godrej Industries closed at ₹1,098.10, down 0.76%; GCP shares ended at ₹874.50, down 0.63%. The dip follows the sale and the Q1 profit decline, tempering investor sentiment.
Going forward, the company has not issued new guidance but will report FY27 Q2 results on December 30, 2026, and is slated to invest ₹20,000 cr in Haryana, targeting 40,000 jobs.