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24-May2018

Godrej Industries reports over 4-fold jump in Q4 consolidated net profit

Godrej Industries has reported results for the fourth quarter and year ended March 31, 2018.

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.


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