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Godrej Industries’ Q1 net profit surges 30%

01 Aug 2011 Evaluate

Godrej Industries has reported unaudited results for the first quarter ended June 30, 2011.

The company’s profit for the quarter ended June 30, 2011 has surged by 30.22% at Rs 17.45 crore as compared to Rs 13.40 crore for the corresponding quarter last year. Its total income has grown by 28.05% at Rs 309.86 crore for the quarter under review from Rs 241.99 crore for the same quarter last year.

On consolidated basis, the Group’s net profit for the quarter has jumped 46.35% at Rs 71.33 crore as compared to Rs 48.74 crore for the quarter ended June 30, 2010. Its total income has increased by 31.69% at Rs 1320.84 crore for the quarter under review as compared to Rs 1003.02 crore for the similar quarter of the previous year.

Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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