Godrej Industries today reported 53.30% increase in consolidated net profit at Rs 138.97 crore for the quarter ended December.
The company had posted a net profit of Rs 138.97 crore in the corresponding period of last fiscal.
Net sales of the company rose by 6.80% to Rs 2,388.79 crore in the quarter under review from Rs 2,236.56 crore in the corresponding period of the previous fiscal, Godrej Industries said in a BSE filing.
Also Read
Commenting on the results, Godrej Industries Chairman A B Godrej said: "I am pleased to share that the overall performance of Godrej Industries Limited during the quarter has been good, with net profit growing by 53%."
During the quarter, overall expenses stood at Rs 2,327.69 crore, up 5.05%, as against Rs 2,215.79 crore in the same quarter a year ago.
Godrej Industries shares today closed 1.38% down at Rs 311.35 apiece on BSE.