Godrej Industries has reported results for fourth quarter and year ended March 31, 2021.
The company has reported net loss at Rs 41.45 crore for the quarter under review as compared to net profit of Rs 1.08 crore for the same quarter in the previous year. However, total income of the company increased by 18.05% at Rs 566.97 crore for Q4FY21 as compared Rs 480.27 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported net loss attributable to owners at Rs 15.81 crore for the quarter under review as compared to net profit at Rs 26.55 crore for the same quarter in the previous year. Total income of the company decreased by 15.03% at Rs 2785.27 crore for Q4FY21 as compared Rs 3278.04 crore for the corresponding quarter previous year.
For the year ended March 31, 2021, the company has reported net loss at Rs 107.54 crore as compared to net profit of Rs 30.81crore for the previous year. Total income of the company marginally decreased by 5.42% at Rs 1919.58 crore for year under review as compared to Rs 2029.65 crore for year ended March 31, 2020.
For the year ended March 31, 2021, on the consolidated basis, the company has reported 39.59% fall in its net profit attributable to owners at Rs 334.57 crore as compared to Rs 553.81 crore for the previous year. Total income of the company decreased by 15.74% at Rs 9994.77 crore for year under review as compared to Rs 11862.36 crore for year ended March 31, 2020.
