Godrej Consumer Products (GCPL) has projected a double-digit underlying sales growth and high-single-digit volume growth for Q4 FY26, reflecting a positive outlook for the company amidst steady demand in the Indian fast-moving consumer goods (FMCG) sector. The company noted that trade channels have normalized following the Goods and Services Tax (GST) transition, and easing food inflation has contributed to this growth. Excluding soaps, GCPL has maintained double-digit volume growth, positioning itself as a leader in the FMCG sector.

The company's standalone EBITDA margins are expected to remain within the normative range, supported by cost savings in Q4. GCPL's operations in Indonesia are stabilizing, with expected mid-single-digit volume growth and sustained market share gains. Additionally, the Godrej Africa, USA, and Middle East (GAUM) business continues to perform well, achieving double-digit sales growth across various categories.

However, global events have led to a sharp increase in crude oil prices, creating upward pressure on input costs. GCPL anticipates a cost impact of about 69% due to rising prices of crude oil and palm oil. To mitigate these challenges, the company plans to implement calibrated price increases and focus on cost-efficiency measures, consistent with its strategy to navigate commodity cycles.