Homegrown consumer goods player Godrej Consumer Products (GCPL) today announced a consolidated net profit of Rs 130.5 crore for the June quarter, boosted by a 39% rise in sales.
The maker of mosquito repellent Good Knight and soap Cinthol amongst other products, GCPL had a net profit of Rs 239.3 crore in the corresponding quarter previous fiscal.
The company said the numbers for the current quarter are not comparable with year-ago period because of the acquisitions made since then.
During the reporting quarter, the company acquired a 60% stake in Chilean firm Cosmetica Nacional for an undisclosed amount.
However, the company's consolidated sales rose 39.16% to Rs 1,388.64 crore, compared to Rs 997.84 crore in the June quarter of FY12.
Its standalone net stood Rs 91.94 crore during the reported quarter as against Rs 219.84 crore in the year-ago period, while sales stood at Rs 777.66 crore compared to Rs 625.55 crore in previous fiscal.