Godrej Industries reports 61% fall in Q4 consolidated net profit

31 May 2012 Evaluate

Godrej Industries has registered a fall of 60.55% in its consolidated net profit to Rs 43 crore for the fourth quarter ended March 31, 2012 as compared to Rs 109 crore during the same period of previous fiscal.

However, the company’s total consolidated income was up marginally by 3.35% to Rs 1,479 crore for the fourth quarter ended March 31, 2012 as compared to Rs 1,431 crore during the same period of previous fiscal.

For the year ended March 31, 2012, the company posted a consolidated net profit of Rs 292 crore, as against Rs 293 crore in 2010-11 fiscal down marginally by 0.34%. However, the company’s total consolidated income for the year ended March 31, 2012 rose 26.12% to Rs 5,804 crore, as against Rs 4,602 crore during the previous fiscal.

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