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Godrej Industries reports 34% fall in Q1 consolidated net profit

14 Aug 2020 Evaluate

Godrej Industries has reported results for the first quarter ended June 30, 2020.

The company has reported a net loss of Rs 71.06 crore for the quarter under review against net loss of Rs 12.06 crore for the same quarter in the previous year. Total income of the company decreased by 43.86% at Rs 276.11 crore for Q1FY21 as compared Rs 491.82 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a fall of 33.94% in its net profit attributed to owner at Rs 68.29 crore for the quarter under review as compared to net profit of Rs 103.38 crore for the same quarter in the previous year. Total income of the company decreased by 27.95% at Rs 2,118.75 crore for Q1FY21 as compared Rs 2,940.69 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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