Monday, 10 February 2014

Godrej Industries reports 64% fall in Q3 consolidated net profit

Godrej Industries has reported results for third quarter ended December 31, 2013.

The company has reported a net loss of Rs 8.54 crore for the quarter as compared to net profit of Rs 131.37 crore for the same quarter in the previous year. However, total income of the company  increased by 6.48% at Rs 368.55 crore for quarter under review as compared to Rs 346.11 crore for the quarter ended December 31, 2012

On the consolidated basis, the group has reported 63.64% fall in its net profit at Rs 65.23 crore for the quarter ended December 31, 2013 as compared to Rs 179.44 crore for the same quarter in the previous year. However, total income of the group increased by 18% at Rs 2033.17 crore for quarter under review as compared to Rs 1722.98 crore for the quarter ended December 31, 2012.

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