Godrej Consumer Q4 net up 17% at Rs 310 cr

Net sales up 8.8% at Rs 2,266 crore, full-year profit up 23% at Rs 1,119 cr

FMCG major Godrej Consumer Products Ltd (GCPL) today reported 16.75 per cent rise in consolidated net profit at Rs 310.07 crore for the fourth quarter ended March 31, 2015-16.

The company had reported a net profit of Rs 265.57 crore in the corresponding period of the previous financial year, 2014-15.

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During the period under review, the company's net sales stood at Rs 2,266.06 crore, up 8.80 per cent, against Rs 2,082.61 crore in the year-ago period, GCPL said in a BSE filing.

For the entire 2015-16, GCPL's net profit was Rs 1,119.41 crore, compared with net profit of Rs 907.12 crore in the previous fiscal year.

GCPL's net sales in the financial year were Rs 8,957.15 crore as against Rs 8,242.2 crore a year ago.

Meanwhile, in a separate filing, the company also said its Board of Directors has declared a fourth interim dividend of Rs 2.75 per share for the financial year 2015-16.

Shares of Godrej Consumer were trading at Rs 1,369.95 a piece, down 0.02 per cent on the BSE.