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Godrej Industries zooms on reporting 72% rise in Q2 consolidated net profit

13 Nov 2018 Evaluate

Godrej Industries is currently trading at Rs. 493.80, up by 31.80 points or 6.88% from its previous closing of Rs. 462.00 on the BSE.

The scrip opened at Rs. 463.25 and has touched a high and low of Rs. 495.00 and Rs. 463.25 respectively. So far 96197 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 656.90 on 01-Aug-2018 and a 52 week low of Rs. 434.10 on 25-Oct-2018.

Last one week high and low of the scrip stood at Rs. 495.00 and Rs. 460.50 respectively. The current market cap of the company is Rs. 16403.62 crore.

The promoters holding in the company stood at 74.72%, while Institutions and Non-Institutions held 16.70% and 8.58% respectively.

Godrej Industries has reported over 2-fold jump in its net profit at Rs 38.02 crore for the quarter ended September 30, 2018 as compared to Rs 17.06 crore for the same quarter in the previous year. Total income of the company increased by 16.86% at Rs 570.41 crore for Q2FY19 as compared Rs 488.13 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 72.13% in its net profit at Rs 135.64 crore for the quarter ended September 30, 2018 as compared to Rs 78.80 crore for the same quarter in the previous year. Total income of the company increased by 17.21% at Rs 2,757.16 crore for Q2FY19 as compared Rs 2,352.29 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Godrej Industries 1029.30
SRF 2447.10
BASF India 3446.20
Pidilite Inds. 1493.25
Tata Chemicals 610.80
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