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Godrej Industries reports 15% fall in Q3 consolidated net profit

14 Feb 2017 Evaluate

Godrej Industries has reported results for third quarter ended December 31, 2016.  

The company has reported a net loss of Rs 42.31 crore for the quarter ended December 31, 2016 as compared to net profit of Rs 49.42 crore for the same quarter in the previous year. However, total income of the company increased by 31.35% at Rs 417.02 crore for the quarter under review as compared Rs 317.49 crore for the corresponding quarter previous year.       

On the consolidated basis, the company has reported 15.17% fall in its net profit at Rs 89.95 crore for the quarter ended December 31, 2016, as compared to Rs 106.03 crore for the same quarter in the previous year. However, total income of the company increased by 42.99% at Rs 2234.71 crore for the quarter under review as compared Rs 1562.88 crore for the corresponding quarter previous year.    

Peers
Company Name CMP
Godrej Industries 1034.90
SRF 2460.25
BASF India 3458.20
Pidilite Inds. 1508.50
Tata Chemicals 617.95
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