Interim report
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Godrej Consumer Products Limited Godrej One, 4th Floor, Pirojshanagar, Eastern Express Highway, Vikhroli (E), Mumbai - 400 079, India Tel.: +91-22-2518 8010/ 8020/ 8030 Fax.: +91-22-2518 8040/ 8065/ 8069 Website: www.godrejcp .com CIN: L24246MH2000PLC129806 October 29, 2026 BSE Limited Corporate Relations Department Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai - 400 001 Scrip Code: 532424 Subject: Outcome of Board Meeting held on October 29, 2026 Dear Sir/Madam, National Stock Exchange of India Limited Exchange Plaza, Bandra-Kurla Complex, Mumbai 400 051 Symbol: GODREJCP Pursuant to Regulations 30, 33, 42, 43 and 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulations") read with Schedule Ill to the Listing Regulations, as amended from time to time, this is to inform you that the Board of Directors of Godrej Consumer Products Limited ("GCPL / the Company"), at its Meeting held today, i.e., on Thursday, October 29, 2026, inter alia, has approved and noted the following matters : 1. APPROVAL OF THE UNAUDITED FINANCIAL RESULTS (STANDALONE AND CONSOLIDATED) OF THE COMPANY FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026: Upon recommendation of the Audit Committee, the Board of Directors has approved the Unaudited Financial Results (Standalone and Consolidated), prepared in accordance with Indian Accounting Standards (Ind AS), for the Quarter and Half Year ended September 30, 2026. The Board of Directors took note of the Limited Review Report of the Statutory Auditors on the Unaudited Financial Results (Standalone and Consolidated) for the Quarter and Half Year ended September 30, 2026. The Unaudited Consolidated and Standalone Financial Results along with the Reports of the Statutory Auditors are enclosed as Annexure 'A'. The Limited Review Reports of the Statutory Auditors contains an unmodified conclusion with respect to the Unaudited Financial Results (Standalone and Consolidated) of the Company for the Quarter and Half Year ended September 30, 2026. 2. DECLARATION OF INTERIM DIVIDEND FOR THE FINANCIAL YEAR 2026-27: The Board of Directors declared an interim dividend of ~5/- per Equity Share (500% on Equity Shares of Face Value of ~1/- each) for the Financial Year 2026-27. As intimated earlier, the Record Date for ascertaining the names of the Shareholders who will be entitled to receive the said dividend shall be Wednesday, November 4, 2026. The dividend will be paid on or before Friday, November 27, 2026 . •• GODREJ •■ CONSUMER PRODUCTS
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Godrej Consumer Products Limited Godrej One, 4th Floor, Pirojshanagar, Eastern Express Highway, Vikhroli (E), Mumbai - 400 079, India Tel.: +91-22-2518 8010/ 8020/ 8030 Fax.: +91-22-2518 8040/ 8065/ 8069 Website : www.godrejcp.com CIN: L24246MH2000PLC129806 The Board Meeting commenced at 2:00 P.M. (1ST) and the above matters were approved by 3.35 P.M. (1ST). Thereafter, the Board continued with the consideration of the remaining agenda items. Kindly take the above on record. Thanking you, Yours faithfully, r Godrej Consumer Products Limited Jariwala Company Secretary & Compliance Officer (FCS 9817) Encl.: As above ••■ GODREJ • CONSUMERPRODUCTS
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ANNEXURE A GODREJ CONSUMER PRODUCTS LIMITED Regd. Office: Godre] One, 4th Floor, Plrojshanagar, Eastern Express Highway, Vlkhroll ( E ), Mumbal-400 079, www.godreJcp.com, CIN : l24246MH2000PLC129806 STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 (~Crore/ CONSOLIDATED STANDALONE Quarter ended Half Year ended Year ended Sr. Quarter ended Half Year ended Year ended 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 No. PARTICULARS 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Revenue from Operations 4,396.44 4,210.63 3,685.56 8,607.07 7,236.90 15,100.10 a) Sale of Products (Restated refer note 7) 2,630.55 2,535.19 2,325.53 5,165.74 4,597.49 9,376.16 16.65 14.84 22.63 31.49 42.61 77 .80 b) Other Operating Revenue 22.47 21.53 27.86 44.00 50.86 98.14 4,413.09 4,225.47 3,708.19 8,638.56 7,279.51 15,177.90 Total Revenue from Operations 2,653.02 2,556.72 2,353.39 5,209.74 4,648.35 9,474.30 50.54 51.88 62.85 101.78 145.69 266.17 2 Other Income 23.97 29.40 46.70 53.37 110.90 200.28 4,463.63 4,277.35 3,771.04 8,740.34 7,425.20 15,444.07 3 Total Income (1+2) 2,676.99 2,586.12 2,400.09 5,263.11 4,759.25 9,674.58 4 Expenses 1,653.67 1,727.95 1,523.55 3,381.62 3,003.86 5,835.28 a) Cost of Raw Materials including Packing Material Consumed 882.13 1,037.61 936.62 1,919.74 1,873.99 3,491.71 749.68 650.01 464.65 1,399.69 807.23 1,671.35 b) Purchase of Stock-in-Trade 615.84 432.32 312.00 1,048.16 569.33 1,123.77 (92.80) (183.75) (156.20) (276.55) (217.75) (112.20) c) Changes in Inventories of Finished Goods, Work-in-Progress and Stock-in-Trade (68.24) (134.78) (91.34) (203.02) (151.19) (30.66) 332.77 319.31 269.97 652.08 578.98 1,232.14 d) Employee Benefits Expense 138.40 134.66 122.08 273.06 246.79 540.84 87.33 85.96 75.87 173.29 162.36 331.57 e) Finance Costs 56.42 55.41 45.35 111.83 98.38 199.13 77.84 75.15 65.64 152.99 124.99 267.53 f) Depreciation and Amortization Expense 44.29 43.90 39.69 88.19 75.22 160.12 g) Other Expenses 327.05 305.82 319.95 632.87 591.78 1,171.99 (i) Advertisement and Publicity (Restated refer note 7) 184.74 192.11 223.11 376.85 428.66 823.14 622.72 604.79 552.94 1,226.87 1,085.84 2,223.10 (ii) Others (Restated refer note 7) 337.70 337.56 331.30 675.26 657.69 1,289.10 3,758.26 3,585.24 3,116.37 7,342.86 6,137.29 12,620.76 Total Expenses 2,191.28 2,098.79 1,918.81 4,290.07 3,798.87 7,597.15 705.37 692.11 654.67 1,397.48 1,287.91 2,823.31 5 Profit before Exceptional Items and Tax (3-4) 485.71 487.33 481.28 973.04 960.38 2,077.43 (8.88) (15.56) (29.66) (24.44) (49.20) (233.15) 6 Exceptional Items (net) (refer note no. 2) (26.26) (3.06) (29.32) (55.38) 696.49 676.55 62S.01 1,373.04 1,238.71 2,590.16 7 Profit/ (Loss) before Tax (5+6) 459.4S 484.27 481.28 943.72 960.38 2,022.05 B Tax Expense a) Current Tax 148.84 132.60 138.53 281.44 262.50 568 .53 (i) Current Year 96.83 92.99 98.60 189.82 198.78 409.07 36.91 (ii) Prior Period Adjustment - - 24.73 39.43 27.14 64.16 64.42 123.25 b) Deferred Tax 25.29 28.56 26.43 53.85 50.66 97.37 522.92 504.52 459.34 1,027.44 911.79 1,861.47 9 Proflt/(loss) after Tax (7-8) 337.33 362.72 356.2S 700.05 710.94 1,515.61 / I ◄ 1 \
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GODREJ CONSUMER PRODUCTS LIMITED Regd. Office: Godrej One, 4th Floor, Plrojshanagar, Eastern Express Highway, Vikhroll ( E ), Mumbai-400 079, www.godrejcp.com, CIN : l24246MH2000PLC129806 STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 r,crore/ CONSOLIDATED STANDALONE Quarter ended Half Year ended Year ended Sr. Quarter ended Half Year ended Year ended 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 No. PARTICULARS 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 10 Other Comprehensive Income/ (Loss) a) (i) Items that will not be reclassified to profit or loss 4.07 1.55 (1.42) 5.62 (1.14) (2.21) Remeasurements of defined benefit plans 2.70 2.27 (0.11) 4.97 (0.11) (3.05) (0.66) (0.41) 0.30 (1.07) 0.24 (0.14) (ii) Income tax relating to items that will not be reclassified to profit or loss (0.34) (0.57) 0.03 (0.91) 0.03 0.20 b) (i) Items that will be reclassified to profit or loss 119.14 (125.28) 200.61 (6.14) 298.73 891.23 Exchange differences in translating the financial statements of foreign operations . 4.19 2.05 (1.86) 6.24 (1.31) 2.18 Effective portion of gains and loss on hedging instruments in a cash flow hedge . (1.85) . (1.31) (0.56) (0.67) 0.27 (0.69) (0.40) (3.23) (3.86) Debt instruments measured at fair value through other comprehensive income (0.67) 0.27 (0.69) (0.40) (3.23) (3.86) (ii) Income tax relating to items that will be reclassified to profit or loss 0.47 . 0.33 0.33 Effective portion of gains and loss on hedging instruments in a cash flow hedge . 0.47 0.33 0.33 0.10 0.02 0.10 0.12 0.46 0.49 Debt instruments measured at fair value through other comprehensive income 0.10 0.02 0.10 0.12 0.46 0.49 126.17 (121.80) 197.51 4.37 294.08 888.02 Other Comprehensive Income/ (Loss) 1.79 1.99 (2.05) 3.78 (3.83) (6.45) 649.09 382.72 656.85 1,031.81 1,205.87 2,749.49 11 Total Comprehensive Income (!>t-10) 339.12 364.71 354.20 703.83 707.11 1,509.16 12 Net Profit attributable to : 522.92 504.52 459.34 1,027.44 911.79 1861.47 a) Owners of the Company 337.33 362.72 356.25 700.05 710.94 1,515.61 . b) Non-Controlling interests . . 13 Other comprehensive income/ (loss) attributable to: 126.17 (121.80) 197.51 4.37 294.08 888.02 a) Owners of the Company 1.79 1.99 (2.05) 3.78 (3.83) (6.45) . . b) Non-Controlling interests . 14 Total comprehensive income attributable to : 649.09 382.72 656.85 1,031.81 1,205.87 2,749.49 a) Owners of the Company 339.12 364.71 354.20 703.83 707.11 1,509.16 . . b) Non-Controlling interests 102.33 102.32 102.31 102.33 102.31 102.32 15 Paid-up Equity Share capital (Face value per share: "i1) 102.33 102.32 102.31 102.33 102.31 102.32 12,550.63 16 Other Equity 7,742.25 17 Earnings per share (of" 1 each) (Not Annualised) 5.11 4.93 4.49 10.04 8.91 18.19 a) Basic(") 3.30 3.54 3.48 6.84 6.95 14.81 5.11 4.93 4.49 10.04 8.91 18.19 b) Diluted(") 3.30 3.54 3.48 6.84 6.95 14.81
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Consolidated As at Sep 30, 2026 As at Mar 31, 2026 (Unaudited) (Audited) 2,045.61 1,878.43 287.60 219.79 84.48 85.29 477.01 386.92 5,773.25 5,715.11 4,496.09 4,490.36 14.90 9.19 - - 439.08 914.46 0.16 0.03 47.63 47.17 372.06 391.54 152.45 89.19 54.18 61.09 14,244.50 14,288.57 2,262.01 1,659.49 2,382.76 1,852.38 2,062.14 1,836.72 574.62 976.87 29.80 28.54 - - 70.32 76.88 668.56 588.97 8,050.21 7,019.85 11.63 25.16 22,306.34 21,333.58 102.33 102.32 12,515.82 12,550.63 12,618.15 12,652.95 281.45 217.53 130.73 150.14 640.66 583.37 21.13 22.43 1,073.97 973.47 4,690.16 4,135.98 75.48 62.30 92.54 122.08 2,469.55 2,179.64 610.53 664.93 410.79 324.98 154.21 134.75 110.96 82.50 8,614.22 7,707.16 22,306.34 21,333.58 GODREJ CONSUMER PRODUCTS LIMITED CIN No.: L24246MH2000PLC129806 STATEMENT OF ASSETS AND LIABILITIES Particulars A ASSETS 1 Non-current assets (a) Property, Plant and Equipment (b) Capital work-in-progress (c) Investment property (d) Right of use assets (e) Goodwill (f) Other Intangible assets (g) Intangible assets under development (h) Financial Assets (i) Investments in subsidiaries (ii) Other Investments (iii) Loans (iv) Others (i) Deferred tax assets (net) (j) Non-Current Tax Assets (net) (k) Other non-current assets Total Non Current Assets 2 Current assets (a) Inventories (b) Financial Assets (i) Investments (ii) Trade receivables (iii) Cash and cash equivalents (iv) Bank balances other than (iii) above (v) Loans (vi) Others ( c) Other Current Assets Total Current Assets Assets held for sale TOTAL ASSETS B EQUITY AND LIABILITIES 1 Equity (a) Equity Share capital (b) Other Equity Total Equity LIABILITIES 2 Non-current liabilities (a) Financial Liabilities (i) Lease liabilities (b) Provisions (c) Deferred tax liabilities (Net) (d) Other non-current liabilities Total Non Current Liabilities .,,-~- ,... ................... 3 Current liabilities ~~ ..,..-~ (a) Financial Liabilities ~~ 14th Floor. • <,o central B Wing and (i) Borrowings No!lh C Wing, * j Nesco IT Park4, } * (ii) Lease liabilities Nesco Center, western Express Highway, (iii) Trade payables ~0~~\. 1 Golegaon (Ea~~t}, ~ ./!l Mumbai-400 063 ~ (a) Total outstanding dues of Micro .. _ sand S rises (b) Total outstanding dues of Credit; ~~rAti~ mall (iv) Other financial liabilities (b) Other current liabilities -........... ~-Jl-1\ER '°-?-(c) Provisions ~ 'b (d) Current Tax Liabilities (Net) j !; MUMBAI I~ ► Total Current Liabilities ~ ~\ 4UU 079. f i;j ~ TOTAL EQUITY AND LIABILITIES ,.... ~ 0'---/. <>~ ~ -~ - ~-.......... - ( ~ Crore) Standalone As at Sep 30, 2026 As at Mar 31, 2026 (Unaudited) (Audited) 1,331.45 1,220.29 68.63 132.41 73.14 73.89 187.43 201.60 611.87 611.87 3,384.85 3,387.89 14.90 9.19 4,506.29 4,306.29 335.74 333.08 0.16 0.03 40.19 40.44 - - 34.05 34.05 48.02 51.78 10,636.72 10,402.81 908.42 676.66 856.44 1,207.37 669.74 577.75 53.17 63.24 29.41 28.18 - 58.01 55.90 50.53 377.26 300.51 2,950.34 2,962.25 - - 13,587.06 13,365.06 102.33 102.32 7,417.36 7,742.25 7,519.69 7,844.57 103.69 117.13 77.75 95.18 554.99 500.35 21.13 22.42 757.56 735.08 3,340.52 2,800.18 32.52 30.28 89.11 121.22 1,089.76 1,132.20 277.32 339.17 315.70 222.19 141.37 125.88 23.51 14.29 5,309.81 4,785.41 13,587.06 13,365.06
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GODREJ CONSUMER PRODUCTS LIMITED CIN No.: L24246MH2000PLC129806 STANDALONE STATEMENT OF CASH FLOWS A. CASH FLOW FROM OPERATING ACTIVITIES Profit Before Tax Adjustments for : Depreciation and amortization expenses Unrealised Foreign Exchange (Gain)/Loss Bad Debts Written off Provision write off/(write back) for Doubtful Debts/ Advances Provision write off/(write back) for Non Moving Inventory Provision (Write back) towards Litigations Provision/(Write back) of Old Balances Expenses on Employee Stock Grant Scheme (ESGS) Finance cost (Profit) on sale of Property, Plant & Equipment and Intangible assets (net) (Profit) on Sale of Investments (net) Lease rent from investment property Fair value (Gain) on financial assets measured at FVTPL (net) Interest Income Operating Cash Flows Before Working Capital Changes Adjustments for : (Increase) in inventories (lncrease)/Decrease in trade receivables Decrease/(lncrease) in loans (Increase) in other financial assets Decrease/(lncrease) in other non-current assets (Increase) in other current assets (Decrease) in trade and other payables (Decrease) in other financial liabilities lncrease/(Decrease) in other liabilities and provisions Cash Generated from Operating Activities Adjustment for : Income Taxes paid (net) Net Cash Flow from Operating Activities ( A ) B. CASH FLOW FROM INVESTING ACTIVITIES Proceeds from sale of property, plant & equipment and intangible assets Purchase of property, plant & equipment and intangible assets Purchase of non-current investments (Net) Proceeds of current investments {Net) Investments in subsidiaries Proceeds from divestment of subsidiary Interest Received Lease rent from investment property Net Cash Flow from Investing Activities ( B ) C. CASH FLOW FROM FINANCING ACTIVITIES Proceeds from Allotment of Equity Shares under Employee Stock Grant Scheme Proceeds from short term borrowings (Net) Finance Cost paid Dividend Paid Principal Payment of lease liabilities Finance cost paid towards Lease liabilities Net cash Flow (used in) Financinl! Activities I Cl NET (DECREASE) IN CASH AND CASH EQUIVALENTS (A+B+C) ( 'f Crore) Half Year ended Half Year ended Sep 30, 2026 Sep 30, 2025 (Unaudited) (Unaudited) 943.72 960.38 88.19 7S.23 1.20 3.48 - 2.17 1.48 (0.45) {5.75) (2.80) (0.33) 0.28 (0.17) - (5.47) 8.99 111.83 98.38 (0.58) 0.26 (15.63) (20.38) (5.87) (5.59) 24.24 (7.46) (28.62) (74.77) 164.52 77.34 1,108.24 1,037.72 (226.01) {165.89) (96.65) 13.95 59.33 (19.99) (5.12) (9.57) 3.18 (0.82) (76.75) (37.70) (75.74) (93.53) (84.01) (36.00) 95.58 (23.10) (406.19 ) (372.65) 702.05 665.07 {180.60) (151.61) 521.45 513.46 3.97 1.46 (122.40) (242.86) (60.74) (177.77) 443.75 897.79 (199.97) (751.68) - 676.09 7.58 168.39 5.87 5.59 78.06 577.01 0.01 0.01 533.25 (55.95) (99.59) (90.09) (1,023.27) (1,023.04) (14.94) (14.98) (5.15) (5.09) (609.69 ) (1,189.14 ) (10.18) (98.67)
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GODREJ CONSUMER PRODUCTS LIMITED CIN No.: U4246MH2000PLC129806 STANDALONE STATEMENT OF CASH FLOWS ( 'f Crore) Half Year ended Half Year ended Sep 30, 2026 Sep 30, 2025 (Unaudited) (Unaudited) CASH AND CASH EQUIVALENTS As at the beginni ng of the year 63.24 124.50 Unrealised Foreign Exchange Restatement in Cash and Cash Equivalents 0.11 0.06 As at the end of the year 53.17 25.89 NET (DECREASE) IN CASH AND CASH EQUIVALENTS {10.18 ) (98.67 ) * amount less than "0.01 crore NOTES: 1 The above Standalone Statement of Cash Flows has been prepared under the 'Indirect Method' as set out in IND AS 7, 'Statement of Cash Flows.'
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A. CASH FLOW FROM OPERATING ACTIVITIES Profit Before Tax Adjustments for : Non-Cash Items Depreciation and amortization expenses Unrealised Foreign Exchange (Gain)/ Loss Bad Debts Written off GODREJ CONSUMER PRODUCTS LIMITED CIN No.: L24246MH2000PLC129806 CONSOLIDATED STATEMENT OF CASH FLOWS Provision/ Write off for Doubtful Debts/ Advances (Release)/ Provision/ write off for Non Moving Inventory (Write back)/ Provision towards Litigations Provision/(Write back) of Old Balances Expenses on Employee Stock Grant Scheme (ESGS) Finance cost (Profit)/Loss on sale of Property, Plant & Equipment and Intangible assets (net) (Profit) on Sale of Investments (net) Lease rent from investment property Fair value (Gain) on financial assets measured at FVTPL (net) Interest Income Adjustment due to hyperinflation Operating Cash Flows Before Working Capital Changes Adjustments for : (Increase) in inventories (lncrease)/Decrease in trade receivables (lncrease)/Decrease in loans Decrease/(lncrease) in other financial assets Decrease/(lncrease) in other non-current assets (Increase) in other current assets Increase /(Decrease) in trade and other payables (Decrease) in other financial liabilities lncrease/(Decrease) in other liabilities and provisions Cash Generated from Operating Activities Adjustment for : Income Taxes paid (net) Net Cash Flow from Operating Activities ( A ) B. CASH FLOW FROM INVESTING ACTIVITIES Proceeds from sale of property, plant & equipment and intangible assets Purchase of property, plant & equipment and intangible assets Purchase of non-current investments Proceeds of current investments (Net) Interest Received Lease rent from investment property Net Cash Flow (used in)/ from Investing Activities ( B) C. CASH FLOW FROM FINANCING ACTIVITIES Proceeds from Allotment of Equity Shares under Employee Stock Grant Scheme Proceeds/(Repayments) from short term borrowings (Net) (Redeemption) of Optionally Convertible Redeemable Preference Shares Finance Cost paid Dividend Paid Principal Payment of lease liabilities Finance cost paid towards Lease liabilities Net Cash Flow (used in) Financing Activities ( C) NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS (A+B+c) ( if Crore) Half Year ended Half Year ended Sep 30, 2026 Sep 30, 2025 (Unaudited) (Unaudited) 1,373.04 1,238.71 152.99 124.99 (12.00) 3.55 0.79 3.93 14.72 0.88 (16.80) (7.11) (0.41) (0.18) (0.17) - (5.47) 8.99 173.29 162.36 (21.02) 0.25 (17.57) (20.42) (7.42) (6.99) 24.24 (7.46) (75.27) (96.47) 12.59 10.47 222.49 176.79 1,595.53 1,415.50 (582.86) (306.45) (240.08) 66.26 (0.13) 0.01 12.05 (12.60) 2.49 (1.37) (81.34) (69.97) 273.71 (107.25) (107.85) (42.01) 93.85 (53.17) (630.16) (526.55) 965.37 888.95 (318.33) (233.19) 647.04 655.76 42.43 4.88 (356.33) (289.10) (505.56) (177.77) 438.44 1,033.48 55.60 102.16 7.42 6.99 (318.00) 680.64 0.01 0.01 519.74 (66.46) (1.64) - (143.62) (152.57) (1,023.27) (1,023.04) (50.72) (30.54) (11.59) (7.05) (711.09) (1,279.65) (382.05) 56.75
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CASH AND CASH EQUIVALENTS: As at the beginning of the period •• Less: Cash credit GODREJ CONSUMER PRODUCTS LIMITED CIN No.: L24246MH2000PLC129806 CONSOLIDATED STATEMENT OF CASH FLOWS Effect of exchange difference on translation of cash and cash equivalents on consolidation As at the end of the period** Less: Cash credit NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS Half Year ended Sep 30, 2026 (Unaudited) 976.87 (11.59) (16.40) 574.62 (7.79) (382.0S) ••cash and Cash equivalents includes cash credits, that are repayable on demand and form an integral part of Group's cash management. Note: The above consolidated statement of cash flows has been prepared under the 'Indirect Method' as set out in IND AS 7, 'Statement of Cash Flows'. / 'f Crore) Half Year ended Sep 30, 2025 (Unaudited) 454.92 (4.17) 19.09 528.49 (1.90) S6.7S
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GODREJ CONSUMER PRODUCTS LIMITED ADDITIONAL DISCLOSURES AS PER CLAUSE 52 (4) OF SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 CONSOLIDATED STANDALONE Quarter ended Half Year ended Year ended Sr. PARTICULARS Quarter ended Half Year ended Year ended 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 No. 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1.46 1.46 1.46 1.46 1.46 1.46 1 Capital redemption reserve (" in crores) 1.46 1.46 1.46 1.46 1.46 1.46 12,618.15 12,505.80 12,163.66 12,618.15 12,163.66 12,652.95 2 Net worth (" in crores) 7,519.69 7,700.56 8,058.76 7,519.69 8,058.76 7,844.57 522.92 504.52 459.34 1,027.44 911.79 1,861.47 3 Net profit after tax ("! in crores) 337.33 362.72 356.25 700.05 710.94 1,515.61 4 Earnings per share (of" 1 each) (Not Annualised) 5.11 4.93 4.49 10.04 8.91 18.19 a) Basic(") 3.30 3.54 3.48 6.84 6.95 14.81 5.11 4.93 4.49 10.04 8.91 18.19 b) Diluted(") 3.30 3.54 3.48 6.84 6.95 14.81 0.37 0.35 0.32 0.37 0.32 0.33 5 Debt-Equity ratio (Non-Current Borrowings + Current Borrowings) / (Total 0.44 0.39 0.31 0.44 0.31 0.36 Equity) - - 6 Long term debt to working capital (Non current borrowings/ Net work ing capital) 0.21 0.20 0.20 0.21 0.20 0.19 7 Total Debts to total assets ratio (Short term debt + Long term debt) / Total 0.25 0.22 0.19 0.25 0.19 0.21 assets 5.44 6.55 6.57 5.94 6.74 6.09 8 Debt service coverage ratio (PAT+ Finance Cost+ Depreciation and 6.84 7.35 8.33 7.10 7.81 8.20 Amortization expense+ (Profit)/ Loss on sale of fixed assets))/ (Finance Cost+ Repayment of long term borrowings including current maturity of long term debt + Repayment of lease liabilities) 7.65 7.75 7.92 7.70 7.39 7.45 9 Interest service coverage ratio (PAT+ Finance Cost+ Depreciation and 7.76 8.33 9.74 8.04 8.99 9.38 Amortization expense+ (Profit)/ Loss on sale of fixed assets)/ (Finance Cost) 0.94 0.93 0.99 0.94 0.99 0.91 10 Current ratio (Current Assets / Current Liabilities ) 0.56 0.58 0.64 0.56 0.64 0.62 0% 0% 0% 0% 0% 0% 11 Bad debts to Accounts receivable ratio (in %) (Bad debts / Average trade 0% 0% 0% 0% 0% 0% receivable) 0.89 0.89 0.89 0.89 0.89 0.89 12 Current liability ratio (Current Liabilities / Total Liabilities) 0.88 0.87 0.87 0.88 0.87 0.87 8.90 9.04 8.16 8.83 7.99 8.26 13 Debtors Turnover ratio (in times) - (Sale of products/ Average trade 16.48 17.12 15.71 16.56 15.63 15.98 receivables)- Annualised (Restated refer note 7) 8.36 9.35 8.74 8.78 9.08 9.81 14 Inventory turnover (in times) - (Sale of products/ Average Inventory)- 11.55 12.76 11.44 13.04 11.77 13.65 Annualised (Restated refer _note 7) 18.7% 19.0% 19.9% 18.8% 19.8% 20.9% 15 Operating Margin in % (Profit before Depreciation, Interest, Tax, exceptional 21.4% 22.0% 22.5% 21.7% 22.3% 23.9% items less other income excluding foreign exchange gain/ Total Sales) (Restated refer note 7) 11.9% 12.0% 12.5% 11.9% 12.6% 12.3% 16 Net profit margin in % ( Profit after tax/ Net sales) (Restated refer note 7) 12.8% 14.3% 15.3% 13.6% 15.5% 16.2%
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Annexure-I Reporting of Consolidated Segment wise Revenue, Results, Assets and Liabilities along with the Quarterly and Half Yearly results (~Crore) Quarter ended Half Year ended Year ended 30-Sep-26 30-Jun-26 30-Sep-25 30-Sep-26 30-Sep-25 31-Mar-26 Particulars (Unaudited ) (Unaudited) (Unaudited ) (Unaudited ) (Unaudited) (Audited) 1. Segment Revenue (Restated refer note 7) a) India 2,654.07 2,557.41 2,352.56 5,211.48 4,647.52 9,474.11 b) Indonesia 538.29 486.91 448.18 1,025.20 870.46 1,822.59 c) Africa (including Strength of Nature) 1,070.54 1,006.13 763.07 2,076.67 1,447.07 3,154.46 d) Others 284.11 258.32 202.42 542.43 422.53 976.68 Less: lntersegment eliminations (133.92) (83.30) (58.04) (217.22) (108.07) (249.94) Revenue from Operations 4,413.09 4,225.47 3,708.19 8,638.56 7,279.51 15,177.90 2. Segment results (Profit)(+)/ Loss(-) before tax, interest & exceptional items a) India 521.71 528.21 510.41 1,049.92 1,042.54 2,226.53 b) Indonesia 117.53 117.57 104.73 235.10 211.03 480.61 c) Africa (including Strength of Nature) 134.88 102.69 92.64 237.57 165.93 376.74 d) Others 21.44 33.55 34.53 54.99 54.73 115.41 Less: lntersegment eliminations (2.86) (3.95) (11.77) (6.81) (23.96) (44.41) Total 792.70 778.07 730.54 1,570.77 1,450.27 3,154.88 Add/ (Less): Exceptional items (refer note no. 2) a) India (26.26) (3.06) - (29.32) - (56.02) b) Indonesia 17.48 (2.75) (0.03) 14.73 (19.57) (22.83) c) Africa (including Strength of Nature) (0.10) (9.75) (21.06) (9.85) (21.06) (126.53) d) Others - - (8.57) - (8.57) (27.77) Add/ (Less): Finance Cost (87.33) (85.96) (75.87) (173.29) (162.36) (331.57) Total Profit Before Tax 696.49 676.55 625.01 1,373.04 1,238.71 2,590.16 30-Sep-26 30-Jun-26 30-Sep.25 31-Mar-26 (Unaudited ) (Unaudited ) (Unaudited) (Audited) 3. Segment Assets a) India 9,331.26 9,088.76 8,678.08 9,054.10 b) Indonesia 5,209.43 5,018.01 4,565.56 4,996.05 c) Africa (including Strength of Nature) 6,597.78 6,156.30 5,577.50 6,105.37 d) Others 1,355.45 1,332.03 1,193.02 1,316.26 Less: lntersegment Eliminations (187.58) (144.66) (113.25) (138.20) 22,306.34 21,450.44 19,900 .91 21,333.58 -4. Segment Liabilities ~~ &._Qo, (. ~-a) India 1:,\}l-AER,o~ 2,617.90 2,595.27 2,255.49 2,604.40 b) Indonesia ~ 14111 Aoor. <,o ,<1' oo. 584.95 544.61 482.22 522.84 Cen!raJ 8 W111g and c) Africa (including Stre i-h f ~~~.i, ) i ::; MUMBAI fs l \$ 1,105.52 851.78 608.27 817.87 d) Others I I Nesco Center. * '/i 400079. i=;l 290.69 269.63 220.28 266.70 j Q ,.._ Less: lntersegment Eliminations ~O ~,~s(E~~{I· ,ft? o0 .C)Y (187.58) (144.66) (113.25) (138.20) Unallocable liabilities Murnbai-40006.1 ~ * 5,276.71 4,828.01 4,284.24 4,607.02 -............ ~ &rerl I\ -ro'I).~ 9,688.19 8,944 .64 7,737 .25 8,680.63 ...,.. . -- ~
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GODREJ CONSUMER PRODUCTS LIMITED Regd. Office: Godrej One, 4th Floor, Pirojshanagar, Eastern Express Highway, Vikhroli, Mumbai 400 079 www.godrejcp.com UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 Notes 1 The above results which are published in accordance with Regulation 33 and Regulation 52(4) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on October 29, 2026. The financial results are in accordance with the Indian Accounting Standards (Ind-AS) as prescribed under Section 133 of the Companies Act, 2013, read with the relevant Rules thereunder. These results have been subjected to limited review by the Statutory Auditors of the Company who have issued unmodified review reports thereon. 2 For the quarter ended September 30, 2026, exceptional items in the Consolidated Financial Results include an amount of, (11.29} crore as part of restructuring in India, Indonesia and Africa which includes Gain on sale of fixed assets, severance pay and other restructuring costs,, 20.17 crore for increase in fair valuation of contingent consideration payable on acquisition of Muuchstac brand. For the half year ended September 30, 2026, exceptional items in the Consolidated Financial Results include an amount of, 7.96 crore pertaining to litigation costs incurred by Strength of Nature LLC (SON) USA, wholly owned subsidiary of the Company in USA, in relation to product litigation including class action suit over its hair relaxer products, , (2.19) crore as part of restructuring in India, Indonesia and Africa which includes Gain on sale of fixed assets, severance pay and other restructuring costs, , 24.24 crore for increase in fair valuation of contingent consideration payable on acquisition of Muuchstac brand and, (5.57) crore statutory impact of new Labour codes on gratuity and leave encashment benefits in India. For the quarter ended September 30, 2026, exceptional items in the Standalone Financial Results include an amount of, 6.09 crore due to restructuring manufacturing footprint in India, increase in fair valuation of contingent consideration payable on acquisition of Muuchstac brand, 20.17 crore. For the half year ended September 30, 2026, exceptional items in the Standalone Financial Results include an amount of, 10.65 crore due to restructuring manufacturing footprint in India, increase in fair valuation of contingent consideration payable on acquisition of Muuchstac brand, 24.24 crore and statutory impact of new Labour codes on gratuity and leave encashment benefits, (5.57) crore. For the year ended March 31, 2026, exceptional items in the Consolidated Financial Results include an amount of Statutory impact of new Labour codes on gratuity and leave encashment benefits, 44.82 crore in India,, 44.11 crore pertaining to litigation costs incurred by Strength of Nature LLC (SON) USA, wholly owned subsidiary of the Company in USA, in relation to product litigation including class action suit over its hair relaxer products, litigation settlement of, 29.47 crore in Indonesia and Ghana, stamp duty and other costs in relation to acquisition of FMCG business under Muuchstac brand, 15.59 crore, severance pay and other restructuring costs of, 80.70 crore as part of restructuring in LATAM, Africa (including Strength of Nature, USA and India, additional loss attributed on sale of investment in Godrej East Africa Holdings Limited , 28.26 crore, and reversal of investment Impairment provision , 8.82 crore in India for Sri Lanka, reduction in Fair valuation of contingent consideration payable on acquisition of Muuchstac brand, 0.98 crore. For the year ended March 31, 2026, the Company has exceptional items in the Standalone Financial Results comprising Statutory impact of new Labour codes on gratuity and leave encashment benefits , 44.17 crore, and stamp duty and other costs in relation to acquisition of Muuchstac brand , 15.59 crore and , 5.42 crore due to restructuring manufacturing footprint in India, reversal of investment Impairment provision, 8.82 crore in India for Sri Lanka and reduction in Fair valuation of contingent consideration payable on acquisition of Muuchstac brand, 0.98 crore. 3 During the Half Year ended September 30, 2026, the Company granted 11,64,088 stock options/grants (net of lapses) to eligible employees under its Employee Stock Option/Grant Schemes. Further, upon exercise of vested stock grants, 60,372 Equity Shares of Face Value Re. 1 each were allotted during the period. 4 Segment information as per Ind-AS 108, 'Operating Segments' is disclosed in Annexure-I. 5 The Board declared interim dividend at the rate of, 5 per share (500% on the face value of~ ,1 each) on October 29, 2026. The record date for the same is November 4, 2026. 6 Ind AS 29 "Financial Reporting in Hyperinflationary Economies" has been applied to the Group's entities with a functional currency of Argentina Peso for the Half year ended September 30, 2026. Ind AS 21 ''The Effects of Changes in Foreign Exchange Rates" has been applied to translate the financial statements of such entities for consolidation. Application of these standards resulted in an increase in revenue from operations by , 1.91 crore and decrease in profit by , 22.33 crore for the Half year ended September 30, 2026, and increase in net non monetary assets by, 34.02 crore with corresponding increase in total Equity as of September 30,2026.
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GODREJ CONSUMER PRODUCTS LIMITED Regd. Office: Godrej One, 4th Floor, Pirojshanagar, Eastern Express Highway, Vikhroli, Mumbai 400 079 www.godrejcp.com UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2026 Notes 7 During the quarter ended March 31, 2026, the Company reassessed the classification of certain promotional expenditures. Following a review of the contractual terms and business arrangements, the Company reclassified all such consideration payable to the customers from presenting as pertaining to various expenses including Advertisement & Promotion and Other Expenses to offsetting from revenue from operations, as a change in accounting policy. Previously, these expenses were presented under Advertisement & Promotion and Other expenses. Accordingly, figures for the comparative quarter and Half year ended September 30, 2025, have been reclassified. This reclassification has no impact on the net profit before tax, net profit after tax, earning per share (EPS) for the respective quarter and Half year ended or total equity. Consolidated (" in crore, except for Ratio) For the Quarter ended Sept 30, 2025 For the Half year ended Sept 30, 2025 As Previous Adjustments Restated As Previous Adjustments Restated reported reported Segment Revenue 3,825.09 -116.90 3708.19 7,486.95 -207.44 7,279.51 Sale of Products 3,802.46 -116.90 3685.56 7,444.34 -207.44 7,236.90 Advertisement and 375.74 -55.79 319.95 689.57 -97.79 591.78 Publicity Other Expenses 614.05 -61.11 552.94 1195.49 -109.65 1085.84 Debtors Turnover ratio 8.42 -0.26 8.16 8.22 -0.23 7.99 Inventory turnover 9.01 -0.28 8.74 9.34 -0.26 9.08 Operating Margin in % 19.3% 0.6% 19.9% 19.3% 0.5% 19.8% Net Profit margin in % 12.1% 0.4% 12.5% 12.2% 0.4% 12.6% Standalone (" in crore, except for Ratio) For the Quarter ended Sept 30, 2025 For the Half year ended Sept 30, 2025 As Previous Adjustments Restated As Previous Adjustments Restated reported reported Sale of Products 2,362.22 -36.69 2,325.53 4,669.21 -71.72 4597.49 Advertisement and 249.95 -26.84 223.11 481.57 -52.91 428.66 Publicity Other Expenses 341.15 -9.85 331.30 676.50 -18.81 657.69 Debtors Turnover ratio 15.96 -0.25 15.71 15.87 -0.24 15.63 Inventory tu mover 11.62 -0.18 11.44 11.95 -0.18 11.77 Operating Margin in% 22.1% 0.4% 22.5% 21.9% 0.4% 22.3% Net Profit margin in % 15.1% 0.2% 15.3% 15.2% 0.3% 15.5% The above reclassification had no impact on the net profit, total equity, cash flow or EPS of the Company for the comparative periods. 8 During the quarter ended September 30, 2026, the Company made additional investment of "200 crore in its wholly owned subsidiary, Godrej Pet Care Limited, through subscription to equity shares. Place: Mumbai By Order of the Board Date: October 29, 2026 For Godrej Consumer Products Limited Ex n DIN:00591503
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BS R & Co. LLP Chartered Accountants 14th Floor, Central B Wing and North C Wing Nesco IT Park 4, Nesco Center Western Express Highway Goregaon (East), Mumbai - 400 063, India Telephone: +91 (22) 6257 1000 Fax: +91 (22) 6257 1010 Limited Review Report on unaudited stan~alone financial results of Godrej Consumer Products Limited for the quarter ended 30 September 2026 and year to date results for the period from 1 April 2026 to 30 September 2026 pursuant to Regulation 33 and Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended To the Board of Directors of Godrej Consumer Products Limited 1. We have reviewed the accompanying Statement of unaudited standalone financial results of Godrej Consumer Products Limited (hereinafter referred to as "the Company") for the quarter ended 30 September 2026 and year to date results for the period from 1 April 2026 to 30 September 2026 ("the Statement") (in which is included interim financial information of one branch in Singapore). 2. This Statement, which is the responsibility of the Company's management and approved by its Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 "Interim Financial Reporting" ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 1 O August 2021, as amended. Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. 4. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) of the Listing Regulations, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. BS R & Co. (a partnership firm with Registration No. BA61223) converted into BS R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 Registered Office: 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 2
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BS R & Co. LLP Limited Review Report (Continued) Godrej Consumer Products Limited 5. The Statement includes the interim financial information of one branch which has not been reviewed, whose interim financial information reflect total assets (before consolidation adjustments) of Rs. 11.93 crores as at 30 September 2026 and total revenues (before consolidation adjustments) of Rs. 0.63 crores and Rs. 3.06 crores, total net profit after tax (before consolidation adjustments) of Rs. 0.04 crores and Rs. 0.20 crores and total comprehensive income (before consolidation adjustments) of Rs. 0.04 crores and Rs. 0.20 crores, for the quarter ended 30 September 2026 and for the period from 1 April 2026 to 30 September 2026 respectively, and cash outflows (net) (before consolidation adjustments) of Rs 0.29 crores for the period from 1 April 2026 to 30 September 2026. as considered in the Statement. According to the information and explanations given to us by the management, this interim financial information is not material to the Company. Our conclusion is not modified in respect of this matter. Mumbai 29 October 2026 For B S R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 Sadashiv Shetty Partner Membership No.: 048648 UDIN:26048648VCCSQE2466 Page 2 of 2
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BS R & Co. LLP Chartered Accountants 14th Floor, Central B Wing and North C Wing Nesco IT Park 4, Nesco Center Western Express Highway Goregaon (East), Mumbai - 400 063, India Telephone: +91 (22) 6257 1000 Fax: +91 (22) 6257 1010 Limited Review Report on unaudited consolidated financial results of Godrej Consumer Products Limited for the quarter ended 30 September 2026 and year to date results for the period from 1 April 2026 to 30 September 2026 pursuant to Regulation 33 and Regulation 52(4) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended To the Board of Directors of Godrej Consumer Products Limited 1. We have reviewed the accompanying Statement of unaudited consolidated financial results of Godrej Consumer Products Limited (hereinafter referred to as "the Parent"), and its subsidiaries (the Parent and its subsidiaries together referred to as "the Group") for the quarter ended 30 September 2026 and year to date results for the period from 1 April 2026 to 30 September 2026 ("the Statement") (in which is included interim financial information of one branch in Singapore), being submitted by the Parent pursuant to the requirements of Regulation 33 and Regulation 52(4) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended. 2. This Statement, which is the responsibility of the Parent's management and approved by the Parent's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid 9own in Indian Accounting Standard 34 "Interim Financial Reporting'' ("Ind AS 34"), prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India and in compliance with Regulation 33 and Regulation 52(4) of the Listing Regulations, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity", issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33(8) of the Listing Regulations, to the extent applicable. 4. The Statement includes the results of the entities mentioned in Annexure I to the Statement. 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of Regulation 33 and Regulation 52(4) of the Listing Regulations, as prescribed in Securities and Exchange Board of India operational circular SEBI/HO/DDHS/P/CIR/2021/613 dated 10 August 2021, as amended, including the manner in which it is to be disclosed, or that it contains any material misstatement. BS R & Co. (a partnership firm with Registration No. BA61223) converted into BS R & Co. LLP (a Limited Liability Partnership with LLP Registration No. AAB-8181) with effect from October 14, 2013 Registered Office: 14th Floor, Central B Wing and North C Wing, Nesco IT Park 4, Nesco Center, Western Express Highway, Goregaon (East), Mumbai - 400063 Page 1 of 5
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BS R & Co. LLP Limited Review Report (Continued) Godrej Consumer Products Limited 6. We did not review the interim financial results of 10 Subsidiaries included in the Statement, whose interim financial results reflect total assets (before consolidation adjustments) of Rs. 5,371.06 crores as at 30 September 2026 and total revenues (before consolidation adjustments) of Rs. 950.28 crores and Rs. 1,810.43 crores, total net profit after tax (before consolidation adjustments) of Rs. 150.74 crores and Rs. 294.52 crores and total comprehensive income (before consolidation adjustments) of Rs. 151.86 crores and Rs. 295.08 crores, for the quarter ended 30 September 2026 and for the period from 1 April 2026 to 30 September 2026 respectively, and cash outflows (net) (before consolidation adjustments) of Rs. 462.70 crores for the period from 1 April 2026 to 30 September 2026, as considered in the Statement. These interim financial results have been reviewed by other auditors whose reports have been furnished to us by the Parent's management and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter. 7. The Statement includes the interim financial information of one branch which has not been reviewed, whose interim financial information reflect total assets (before consolidation adjustments) of Rs. 11.93 crores as at 30 September 2026 and total revenues (before consolidation adjustments) of Rs. 0.63 crores and Rs. 3.06 crores, total net profit after tax (before consolidation adjustments) of Rs. 0.04 crores and Rs. 0.20 crores and total comprehensive income (before consolidation adjustments) of Rs. 0.04 crores and Rs. 0.20 crores, for the quarter ended 30 September 2026 and for the period from 1 April 2026 to 30 September 2026 respectively, and cash outflows (net) (before consolidation adjustments) of Rs. 0.29 crores for the period from 1 April 2026 to 30 September 2026, as considered in the Statement. According to the information and explanations given to us by the Parent's management, this interim financial information is not material to the Group. The Statement also includes the interim financial information of 3 Subsidiaries which have not been reviewed, whose interim financial information reflect total assets (before consolidation adjustments) of Rs. 256.80 crores as at 30 September 2026 and total revenues (before consolidation adjustments) of Rs. 16.00 crores and Rs. 24.94 crores, total net loss after tax (before consolidation adjustments) of Rs. 25.47 crores and Rs. 40.43 crores and total comprehensive loss (before consolidation adjustments) of Rs. 25.47 crores and Rs. 40.43 crores, for the quarter ended 30 September 2026 and for the period from 1 April 2026 to 30 September 2026 respectively, and cash outflows (net) (before consolidation adjustments) of Rs. 6.19 crores for the period from 1 April 2026 to 30 September 2026, as considered in the Statement. According to the information and explanations given to us by the Parent's management, these interim financial information are not material to the Group. Our conclusion is not modified in respect of this matter. Mumbai 29 October 2026 For B S R & Co. LLP Chartered Accountants Firm's Registration No.:101248W/W-100022 Sadashiv Shetty Partner Membership No.: 048648 UDI N :26048648RPMOI E6792 Page 2 of 5
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BS R & Co. LLP Limited Review Report (Continued) Godrej Consumer Products Limited Annexure I List of entities included in unaudited consolidated financial results. Sr. No. Name of component Relationship 1 Godrej Consumer Products Limited Parent Company 2 Godrej Netherland B.V. Subsidiary Company 3 Godrej UK Ltd Subsidiary Company 4 Godrej Consumer Investments Chile Spa Subsidiary Company 5 Godrej Holdings Chile Limitada Subsidiary Company 6 Cosmetica Nacional Subsidiary Company 7 Godrej SON Holdings Inc. Subsidiary Company 8 Strength of Nature LLC Subsidiary Company 9 Old Pro International, Inc Subsidiary Company 10 Godrej Consumer Products Holding Mauritius Limited Subsidiary Company 11 Godrej Global Mideast FZE Subsidiary Company 12 Godrej Indonesia IP Holdings Ltd Subsidiary Company 13 Godrej CP Malaysia SON. BHD. Subsidiary Company 14 Godrej Consumer Products Dutch Cooperatief UA Subsidiary Company 15 Godrej Consumer Products Netherlands B.V. Subsidiary Company 16 Godrej Consumer Holdings (Netherlands) B.V. Subsidiary Company 17 PT lndomas Susemi Jaya Subsidiary Company 18 PT Godrej Distribution Indonesia Subsidiary Company 19 PT Godrej Consumer Products Indonesia Subsidiary Company 20 PT Godrej Business Service Indonesia Subsidiary Company Page 3 of 5
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BS R & Co. LLP 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 Limited Review Report (Continued) Godrej Consumer Products Limited PT Sarico lndah Subsidiary Company Laboratoria Cuenca S.A. Subsidiary Company Deciral S.A. Subsidiary Company Issue Group Brazil Limited Subsidiary Company Godrej Household Products Bangladesh Pvt. Ltd. Subsidiary Company Godrej Household Products (Lanka) Pvt. Ltd. Subsidiary Company Godrej Consumer Products Bangladesh Limited Subsidiary Company Godrej Mauritius Africa Holdings Limited Subsidiary Company Godrej Consumer Products International FZCO Subsidiary Company Godrej Africa Holdings Limited Subsidiary Company Godrej Nigeria Limited Subsidiary Company Weave Ghana Ltd Subsidiary Company Weave Trading Mauritius Pvt. Ltd. Subsidiary Company Hair Trading Offshore SAL. Subsidiary Company Godrej West Africa Holdings Limited Subsidiary Company Subinite Pty Ltd Subsidiary Company Weave Mozambique Limitada Subsidiary Company Style Industries Limited Subsidiary Company Canon Chemicals Limited Subsidiary Company Godrej Tanzania Holdings Limited Subsidiary Company Hair Credentials Zambia Limited Subsidiary Company Belaza Mozambique LDA Subsidiary Company Page 4 of 5
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BS R & Co. LLP 43 44 45 46 47 48 Limited Review Report (Continued) Godrej Consumer Products Limited Godrej Pet Care Limited Subsidiary Company Godrej Consumer Supplies Limited Subsidiary Company Godrej Consumer Products Limited Employees' Stock Controlled Entity Option Trust Consell SA (Dissolved w.e.f 26 May 2025) Subsidiary Company I Panamar Producciones SA (Dissolved w.e.f. 01 August Subsidiary Company 2025) Godrej Mid East Holding Limited (under voluntary Subsidiary Company liquidation) Page 5 of 5