Godrej Industries reports 28% rise in Q1 consolidated net profit

12 Aug 2013 Evaluate

Godrej Industries has reported results for first quarter ended June 30, 2013.

The company has reported around three and a half fold jump in its net profit at Rs 44.71 crore for the quarter as compared to Rs 13.18 crore for the same quarter in the previous year. However, total income of the company has decreased by 33.10% at Rs 359.89 crore for quarter under review as compared to Rs 388.45 crore for the quarter ended June 30, 2012.

On the consolidated basis, the group registered a rise of 28.47% in its net profit after taxes, minority interest at Rs 53.25 crore for the quarter as compared to Rs 41.45 crore for the same quarter in the previous year. Total income of the company, on consolidated basis, has increased by 6.10% at Rs 1944.89 crore for quarter under review as compared to Rs 1833.05 crore for the quarter ended June 30, 2012.

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