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Last updated: 28 May, 2015  

Godrej.9.Thmb.jpg Godrej Industries net up 23 percent in 2014-15

Godrej.9.jpg
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SME Times News Bureau | 28 May, 2015
Godrej Industries Ltd. posted consolidated net profit of Rs.402 crore for fiscal 2014-15, registering 23 percent increase year-on-year (YoY) from Rs.326 crore in previous fiscal (2013-14).

In a regulatory filing to the Bombay Stock Exchange on Wednesday, the city-based manufacturing firm said consolidated income grew 16 percent YoY to Rs.9,360 crore for the fiscal under review (FY 2015) from Rs.8,047 crore year ago (FY 2014).

For fourth quarter (January-March) of FY 2015, consolidated net profit was up 22 percent YoY to Rs.139 crore from Rs.114 crore in like period year ago while consolidated income grew 17 percent YoY to Rs.2,341 crore from Rs.2,006 crore in same period year ago.

On standalone basis, net profit for FY 2015 grew 24 percent to Rs.149 crore from Rs.120 crore in FY 2014, while income remained flat at Rs.1,492 crore as against Rs.1,494 crore year ago.

Net profit for quarter (Q4) under review, however, declined 19 percent YoY to Rs.44 crore from Rs.54 crore in same period year ago and income too was down 17 percent YoY to Rs.324 crore from Rs.392 crore in like period year ago.

 
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