Godrej Consumer shares gain over 4% as Q1 net up

Shares of Godrej Consumer Products Ltd rose by over 4 per cent today after the company reported 38.88 per cent increase in consolidated net profit for the first quarter ended June 30.
The stock ended the day 4.11 per cent higher at Rs 1,250.50 on BSE. During the day, it rallied 6.23 per cent to Rs 1,276 -- its 52-week high.
At the NSE, shares of the company jumped 3.85 per cent to settle at Rs 1,248.65.
FMCG major Godrej Consumer Products Ltd (GCPL) today reported 38.88 per cent increase in consolidated net profit at Rs 199.23 crore for the first quarter ended June 30.

The company had reported a net profit of Rs 143.45 crore in the corresponding period last year, GCPL said in a BSE filing.
During the period under review, the company's total income from operations stood at Rs 2,097.66 crore, up 11.07 per cent, against Rs 1,888.51 crore last fiscal.