Profit

Godrej Industries Posts 21% Rise in Q1 Profit

 Share
EMAIL
PRINT
COMMENTS
New Delhi: Godrej Industries Ltd on Tuesday posted a 21.38 per cent increase in consolidated net profit at Rs 94.32 crore for the fiscal first quarter that ended on June 30, 2015.

The company had registered a net profit of Rs 77.70 crore for the corresponding period a year ago.

Godrej Industries' total income from operations on a consolidated basis was up 7.93 per cent at Rs 2,510.67 crore, as against Rs 2,326.17 crore in the year-ago period, it said in a filing to the BSE.

Commenting on the results, Godrej Industries chairman A B Godrej said, "Despite volatile market conditions, Godrej Agrovet had a steady quarter."

On the outlook, he said: "In a challenging environment for the real estate sector, Godrej Properties has started the year on a strong note by registering its highest ever quarterly bookings and highest ever deliveries in a single quarter."

"We look forward to building on this momentum in the year ahead."


Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................

Top