Godrej Industries Q1 Result

Godrej Industries profit after tax up 200% With wholesome contributions from nearly all its businesses, varied conglomerate Godrej Industries has registered a staggering 200 % rise in its profit after tax at the 1st quarter on thecurrent financial year. The profit after tax figure stood at Rs 49 crore, against Rs 16 crore in the corresponding period last year.

The company’s consolidated total revenue was Rs 1,101 crore, up 30 percent from Rs 780 crore in the year ago period. “This is a positive quarter for the group companies…The big driver is India’s increasing economy. We view much better quarters ahead because of good monsoon rains this year. It’ll offer sufficient impetus to the agri company segment. Godrej Properties have been on the high functionality spree with powerful development both in topline and bottom line,” Chairman Adi Godrej said right here today.

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