Breaking News

You are here » Indian-Commodity  :  Equity & Shares  :  Godrej Industries slips despite reporting over 4-fold jump in Q4 consolidated net profit

24-May2018

Godrej Industries slips despite reporting over 4-fold jump in Q4 consolidated net profit

Godrej Industries is currently trading at Rs. 537.50, down by 21.45 points or 3.84% from its previous closing of Rs. 558.95 on the BSE.

The scrip opened at Rs. 551.70 and has touched a high and low of Rs. 554.50 and Rs. 525.00 respectively. So far 44995 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 699.70 on 21-Jul-2017 and a 52 week low of Rs. 501.50 on 06-Feb-2018.

Last one week high and low of the scrip stood at Rs. 583.00 and Rs. 525.00 respectively. The current market cap of the company is Rs. 18088.11 crore.

The promoters holding in the company stood at 74.74%, while Institutions and Non-Institutions held 16.84% and 8.42% respectively.

The company has reported a net loss of Rs 48.18 crore for the quarter ended March 31, 2018 as compared to net loss of Rs 34.14 crore for the same quarter in the previous year. However, total income of the company increased by 3.84% at Rs 497.55 crore for quarter under review as compared to Rs 479.14 crore for the quarter ended March 31, 2017.

On consolidated basis, the company has reported over 4-fold jump in its net profit at Rs 199.20 crore for the quarter ended March 31, 2018 as compared to Rs 45.54 crore for the corresponding quarter in the FY17. Total consolidated income of the company increased by 29.88% at Rs 2657.39 crore for quarter under review as compared to Rs 2045.96 crore for the same quarter ended previous year.

For the year ended March 31, 2018, the company has posted a net profit of Rs 241.40 crore as compared to net loss of Rs 145.24 crore for the previous year. Total income of company increased by 22.48% at Rs 2019.75 crore for year under review as compared to Rs 1649.05 crore for the year ended March 31, 2017.

For the year ended March 31, 2018, on the consolidated basis, the company has posted a rise of 64.31% in its net profit at Rs 421.37 crore as compared to Rs 256.45 crore for the previous year. Total consolidated income of company increased by 15.23% at Rs 9968.83 crore for year under review as compared to Rs 8651.40 crore for the year ended March 31, 2017.


Related News

View all news

GAIL rises with arm signing MoU with EESL

GAIL (India) is currently trading at Rs. 364.65, up by 0.10 points or 0.03% from its previous closing of Rs. 364.55 on the BSE.The scrip opened at Rs. 364.35 and has touched a high and low of Rs. 369.25......

Bank of India falls on reporting net loss of Rs 1,156 crore in Q2

Bank of India is currently trading at Rs. 79.95, down by 7.30 points or 8.37% from its previous closing of Rs. 87.25 on the BSE.The scrip opened at Rs. 85.10 and has touched a high and low of Rs. 85.45......

HCL Technologies gains with launching HCL NetBot along with NetBrain Technologies

HCL Technologies is currently trading at Rs. 1039.30, up by 5.90 points or 0.57% from its previous closing of Rs. 1033.40 on the BSE.The scrip opened at Rs. 1041.00 and has touched a high and low of Rs.......

Top News

View all news

Atishay bags two work orders for preparation of Urdu Photo Electoral rolls

Atishay has received the work order from the Office of the Collector & District Election Officer, District-Bhopal (MP) for Preparation of Urdu Photo Electoral rolls, as per Election Commission......

Jindal Poly Films to incorporate wholly owned subsidiary

Jindal Poly Films will incorporate wholly owned subsidiary Company i.e. J. and D. Speciality Films. The Board of Directors of the company at their meeting held on November 12, 2018, took note of the same.Jindal......

Bannari Amman Spinning Mills to promote wholly owned subsidiary

Bannari Amman Spinning Mills has received an approval to promote a wholly owned subsidiary to carry out the new line of allied activities in future. The Board of Directors of the company at their meeting......