Godrej Industries has reported results for first quarter ended June 30, 2015.
The company has reported 60.65% fall in its net profit at Rs 16.17 crore for the quarter ended June 30, 2015 as compared to Rs 41.09 crore for the same quarter in the previous year. The company’s total income has decreased by 17.26% to Rs 334.14 crore for the quarter under review from Rs 403.83 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported 21.39% rise in its net profit of Rs 94.32 crore for the quarter ended June 30, 2015 as compared to Rs 77.70 crore for the same quarter in the previous year. Total income of the company has increased by 7.55% at Rs 2543.07 crore for quarter under review as compared to Rs 2364.52 crore for the quarter ended June 30, 2014.
In view of changes in the Company's shareholdings during the period in some of the subsidiaries, joint ventures and associates, the consolidated results for the period are not strictly comparable with those of the previous periods.
