The company had reported a net profit of Rs 143.45 crore in the corresponding period last year, GCPL said in a BSE filing. During the period under review, the company's total income from operations stood at Rs 2,097.66 crore, up 11.07 percent, against Rs 1,888.51.01 crore last fiscal.

Godrej Group Chairman Adi Godrej said, "We continued to strengthen our leadership position across our core categories. In the first quarter, our India business branded net sales grew by 13 percent. This was driven by a healthy volume growth of 13 percent."

GCPL's international business (in organic constant currency terms) too grew by 13 percent, despite the macro challenges and slowdown in a few of our larger markets, he added. On the outlook, Godrej said, "We are seeing early signs of consumer demand picking up in India. We remain optimistic that as the economy continues to gain pace, the growth in the FMCG sector this year will be better than last year".

However, he also added that though the macroeconomic environment in some of GCPL's international markets remains challenging, the company is confident of delivering ahead of market, profitable growth in these geographies.

"We will accelerate the pace of new launches and enhance our go to market infrastructure. We will also continue to manage our costs prudently in the near term, while investing for the future. Overall, we will strive to deliver a stronger operating performance in fiscal year 2016," he said.

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