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Godrej Consumer Products reports 52% rise in Q4 consolidated net profit

03 May 2019 Evaluate

Godrej Consumer Products has reported results for fourth quarter and year ended March 31, 2019.

The company has reported 3-fold jump its net profit at Rs 906.86 crore for the quarter under review as compared to Rs 295.13 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 0.88% at Rs 1,378.83 crore for Q4FY19 as compared Rs 1,391.12 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 51.53% in its net profit at Rs 935.24 crore for the quarter under review as compared to Rs 617.19  crore for the same quarter in the previous year. However, total income of the company marginally decreased by 3.06% at Rs 2,481.72 crore for Q4FY19 as compared Rs 2,560.14 crore for the corresponding quarter previous year.

For the year ended March 31, 2019, the company has reported a rise of 75.52% in its net profit at Rs 1754.98 crore as compared to Rs 999.87 crore for the previous year. Total income of the company increased by 6.36% at Rs 5,773.76 crore for year under review as compared to Rs 5,428.64 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has reported a rise of 43.28% in its net profit at Rs 2,341.53 crore as compared to Rs 1,634.18 crore for the previous year. However, total income of the company marginally increased by 3.73% at Rs 10,423.10 crore for year under review as compared to Rs 10,048.70 crore for year ended March 31, 2018.

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