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Indian-Commodity  :  Equity & Shares  :  Godrej Industries rises on reporting profit improvement in Q1

Godrej Industries rises on reporting profit improvement in Q1 (12-Aug-2016)

Godrej Industries is currently trading at Rs. 399.25, up by 2.20 points or 0.55% from its previous closing of Rs. 397.05 on the BSE.

The scrip opened at Rs. 399.95 and has touched a high and low of Rs. 400.00 and Rs. 390.15 respectively. So far 23,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 449.80 on 22-Jul-2016 and a 52 week low of Rs. 290.35 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 407.00 and Rs. 388.55 respectively. The current market cap of the company is Rs. 13,420.00 crore.

The promoters holding in the company stood at 74.77%, while Institutions and Non-Institutions held 17.96% and 7.27% respectively.

The company has reported a net loss of Rs 33.81 crore for first quarter ended June 30, 2016 against net profit to Rs 12.01 crore for the same quarter in the previous year. Total income of the company decreased by 4.23% at Rs 338.29 crore for quarter under review as compared to Rs 353.24 crore for the quarter ended June 30, 2015.

On the consolidated basis, the company has reported 1.64% jump in its net profit at Rs 63.76 crore for the quarter ended June 30, 2016 as compared to Rs 62.73 crore for the same quarter in the previous year. However, total Income of the company increased by 33.16% to Rs 2101.21 crore for quarter under review from Rs 1577.96 crore for the quarter ended June 30, 2015.



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