Godrej Industries reports consolidated net loss of Rs 25 crore in Q4

18 May 2024 Evaluate

Godrej Industries has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported net loss at Rs 154.10 crore for the quarter under review as compared to net loss of Rs 25.75 crore for the same quarter in the previous year. Total income of the company decreased by 22.91% at Rs 707.89 crore for Q4FY24 as compared Rs 918.23 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported net loss at Rs 25.34 crore for fourth quarter ended March 31, 2024 as against net profit of Rs 562.16 crore for the same quarter in the previous year. However, total income of the company increased by 0.35% at Rs 5102.96 crore for Q4FY24 as compared Rs 5085.24 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported net loss at Rs 202.52 crore as against net profit of Rs 232.57 crore for the previous year. Total income of the company decreased by 31.70% at Rs 3112.53 crore for year under review as compared to Rs 4556.96 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 58.11% fall in its net profit at Rs 595.16 crore as compared to Rs 1420.64 crore for the previous year. However, total income of the company increased by 1.88% at Rs 18096.98 crore for year under review as compared to Rs 17762.36 crore for year ended March 31, 2023.

Godrej Industries Share Price

1128.75 9.45 (0.84%)
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