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Godrej Industries reports 22% rise in Q2 consolidated net profit

12 Nov 2013 Evaluate

Godrej Industries has reported results for the second quarter ended September 30, 2013.

The company has reported a net profit of Rs 29.84 crore for the quarter as compared to a net loss of Rs 51.38 crore for the same quarter in the previous year.   However, total income of the company has decreased by 5.83% at Rs 374.18 crore for quarter under review as compared to Rs 397.37 crore for the quarter ended September 30, 2012.

On the consolidated basis, the group has registered a growth of 22.19% in net profit after taxes and minority interest of Rs 93.59 crore as compared to Rs 76.62 crore in the same quarter previous year. Total income of the group rose 4.74% to Rs 2083.36 crore for quarter under review as against Rs 1989.00 crore in corresponding quarter 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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