GCPL Shares Drop 6% Post Q3 Results, But Analysts Remain Optimistic

• Godrej Consumer Products Ltd. (GCPL) shares fell nearly 6% despite largely in-line Q3 December performance.
• Revenue was ₹4,099 crore, slightly below estimates, but EBITDA of ₹880.4 crore exceeded expectations with margins at 21.5%.
• Profit After Tax (PAT) missed estimates at ₹498 crore due to an exceptional loss of ₹91 crore.
• Domestic underlying volume growth was 9%, in line with estimates, driven by strong performance in home care and personal care.
• Analysts from Morgan Stanley, HSBC, and Jefferies maintain 'Buy' or 'Overweight' ratings, citing positive management commentary and growth prospects.

Why It Matters: GCPL shares dipped post-Q3 results due to an exceptional loss, but strong operational performance and analyst optimism persist.