Reduction in prices and lower sales saw Godrej Industries quarterly net profit to fall a record 12.26 per cent. | |
| The company's net profit went down to Rs 26.60 crore for the quarter ended March 31 2006, from Rs 30.32 crore for the corresponding quarter in the previous year period. |
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| Net sales for the quarter was Rs 184.74 crore, 11.81 per cent lower compared with Rs 209.49 crore for the same quarter in 2005. |
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| Godrej Industries declared a dividend of Rs 5 a share, which has a face value Rs 6 for the year. The company also announced a stock split. |
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| The net profit for the for the financial year 2005-06, was Rs 71.20 crore, 6 per cent lower as compared with Rs 75.75 crore for 2004-05. Net sales for the period were 2.34 per cent lower at Rs 745.48 crore. |
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