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Godrej Industries reports over 2-fold jump in Q3 consolidated net profit

13 Feb 2023 Evaluate

Godrej Industries has reported results for third quarter ended December 31, 2022 (Q3FY23).

The company has reported net profit of Rs 78.37 crore for Q3FY23 as compared to net loss of Rs 25.71 crore for the corresponding quarter previous year. Total income of the company increased by 22.20% to Rs 1164.06 crore for the quarter under review as compared to Rs 952.56 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 381.66 crore for Q3FY23 as compared to Rs 182.85 crore for the same quarter in the previous year. Total income of the company increased by 11.36% to Rs 4158.74 crore for the quarter under review as compared to Rs 3734.54 crore for the same quarter in the previous year.

Peers
Company Name CMP
Godrej Industries 1046.30
SRF 2467.00
BASF India 3478.30
Pidilite Inds. 1519.75
Tata Chemicals 616.60
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