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Godrej Consumer Products reported 16.7% fall in consolidated net profit to Rs 345 crore despite an 8% increase in net sales to Rs 3,094 crore in Q1 FY2023 over Q1 FY2022.

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According to the quadrant report of ISG, a leading Global Technology Research & Advisory Firm, managed IoT service models are focused on optimizing performance and driving continuous improvement.

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NFO period is from 10 August 2022 to 22 August 2022

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Telecom stocks were trading in the negative zone, with the S&P BSE Telecom index falling 33.84 points or 2.03% at 1629.68 at 13:46 IST.

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Auto stocks were trading with losses, with the S&P BSE Auto index decreasing 532.75 points or 1.79% at 29308.5 at 13:46 IST.

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Capital Goods stocks were trading in red, with the S&P BSE Capital Goods index falling 444.58 points or 1.48% at 29608.53 at 13:46 IST.

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