Quarterly Update: Q1 2009-10

1. Quarterly Update: Q1 2009-10 Soaps Hair Colours Liquid Detergents Toiletries International Operations

2. Contents • Performance Highlights - Consolidated • Business Review - Domestic • GCPL Financials & Ratios - Stand Alone • International Operations.

3. Performance Highlights – Q1 2009-10 • Topline growth of 21%. Strong growth in both domestic at 22% and international business at 20% • Strong recovery in hair colour market share from 33.7% in exit FY09 to 34.8% in June 2009 • Soap market shares go beyond 10% in June 2009 • Consolidated PAT improves significantly to Rs.69.7 crore with 78% growth

4. Financial Highlights - Consolidated 21 % 64 % 80 % 78 %

5. Financial Highlights - Consolidated 67 %

6. Ratios - Consolidated • PBDIT margin improves by 600 bps • Increased A&P spends towards brand building initiatives - A&P increased by 26% to Rs.43.3 crore as compared to Rs.34.3 crore in Q1 0809. • Tax rate higher on account of higher MAT rate on domestic operations

7. Business Review - Domestic Q1 FY 2009-10

8. Q1 FY 2009-10 Scenario: Domestic • Industry Scenario • FMCG sector growth continues to be strong • Vegetable oil prices are at lower levels as compared to FY 0809. • Rupee strengthened versus the USD in Q1 2009-10 • GCPL Performance *Off take in value terms @ MRP

9. Q1 Highlights • Soaps • Highest ever quarterly sales in soaps • Significant increase in market share; market share for June 2009 is 10.1% • Launch of Godrej No.1 ‘Lime & Aloe Vera’ variant • Hair Colours • Highest ever quarterly revenue • Good recovery in hair colour market share from 33.7% in exit FY09 to 34.8% in June 2009 • Godrej Nupur Mehendi re-launched in a new & improved formulation • Toiletries • Cinthol launches ‘Rainstorm’ & ‘Unleash’ Deo Sprays

10. Sales Growth (Standalone) 20 % 27 % 7 % 23 %

11. Soaps - Revenue & Market Share Market Share is 9.8 % for Q1 2009-10 Source: AC Nielsen data % for All India value MS Market shares from Q1 FY09 have been revised by AC Nielsen. The revised shares have been reported.

12. Hair Colours - Revenue & Market Share Market Share is 34.4 % for Q1 2009-10 Source: AC Nielsen data % for All India value MS Market shares from Q1 FY09 have been revised by AC Nielsen. The revised shares have been reported.

13. GCPL Monthly Market Share Value Trend Hair Colours Soaps

14. Key Q1 Initiatives • Thrust to improve rural reach • Strong innovations in both soap & hair colour • Significant increase in brand investment • Building a “brighter” organization to drive growth

15. Events / Recognitions • GCPL ranked 15th in ‘India’s Best Companies to Work For’ survey 2009 conducted by Great Place to Work Institute, India & Economic Times. GCPL ranked 1st in the FMCG category of this survey. • Godrej Expert awarded the ‘Most Trusted Brand 2009’ in the hair dye / hair colour category for the third consecutive year in the Readers Digest Asia Trusted Brands survey. • ICRA reaffirms SCG1 rating to the Stakeholder Value & Governance practices of GCPL. The rating implies that in ICRA’s current opinion, the company belongs to the Highest Category on the composite parameters of stakeholder value creation and management & corporate governance practices. • ICRA reaffirms CGR 2+ rating to the Corporate Governance practices of GCPL.

16. Acquisition of 49% stake in Godrej Sara Lee Limited • In May 2009, the Board of directors of Godrej Consumer Products approved the proposed acquisition of 49% stake in Godrej Sara Lee Limited • The proposed acquisition will be through the merger of Godrej ConsumerBiz Private Limited (GCBPL) and Godrej Hygiene Care Private Limited (GHCPL) [100% subsidiaries of Godrej & Boyce Manufacturing Co. Ltd & Godrej Industries Limited respectively] into Godrej Consumer Products Limited. • Currently, GCBPL and GHCPL hold 29% and 20% respectively in Godrej Sara Lee Limited (‘GSL’). • Appointed date of the merger will be June 1, 2009 and pursuant to the merger, assets and liabilities of GCBPL and GHCPL will be transferred to GCPL. • Upon merger, GCPL will issue its 10 shares to the shareholders of GCBPL for every 11 shares and 10 shares to the shareholders of GHCPL for every 11 shares. • The proposed merger is subject to approval of the Court & other authorities.

17. Godrej SCA Hygiene – 100% subsidiary of GCPL • GCPL has acquired the foreign JV partner’s share w.e.f 1st April 2009. Godrej SCA Hygiene Limited is now a 100% subsidiary of GCPL. • Godrej SCA Hygiene will continue to own and distribute the profitable “Snuggy” brand • Q1 2009-10: Net Sales is Rs.3.1 crore; PAT is Rs.(0.4) crore

18. Financials & Ratios GCPL Standalone

19. Financial Highlights - Standalone 22 % 70 % 85 % 76 %

20. Q1 FY 09-10 Sales Mix (Standalone)

21. Dividend – Q1 FY 09-10 • Q4 Dividend announced

22. Balance Sheet (Standalone)

23. Funds Flow (Standalone)

24. Cost Structure (Standalone)

25. Ratios - Standalone

26. Godrej Global Mid-East FZE Kinky Group Proprietary Ltd. International OperationsKey Highlights • International business continues to do well under a challenging environment – contributes 21% to topline. • Kinky sales grew by 22%, Rapidol by 11% & Keyline by 18% over Q1 FY09 (in Foreign Currency )

27. Godrej Consumer Products Mauritius Ltd- Performance (Holding company of Kinky Group (Pty) Ltd) Date of Acquisition: 01-Apr-2008 • Opened 2 new “Kinky” Owned stores, taking the total number of stores to 24

28. Godrej Netherlands BV- Consolidated* Performance Date of Acquisition: 31-Oct-2005 • Business grew at 18% (in Foreign Currency) despite recession in the UK economy

29. Rapidol Pty Ltd-Performance Date of Acquisition: 01-Sep-2006 • Successful launch of Inecto Semi Permanent range of colours

30. Godrej Global Mid-East (GGME) Date of Acquisition: 01-Oct-2007 • Business grew at 17% (in Foreign Currency) over Q1 FY 2008-09

31. Thank You