Godrej Industries’ Q1 net profit surges 30%

Godrej Industries has reported unaudited results for the first quarter ended June 30, 2011.

The company’s profit for the quarter ended June 30, 2011 has surged by 30.22% at Rs 17.45 crore as compared to Rs 13.40 crore for the corresponding quarter last year. Its total income has grown by 28.05% at Rs 309.86 crore for the quarter under review from Rs 241.99 crore for the same quarter last year.

On consolidated basis, the Group’s net profit for the quarter has jumped 46.35% at Rs 71.33 crore as compared to Rs 48.74 crore for the quarter ended June 30, 2010. Its total income has increased by 31.69% at Rs 1320.84 crore for the quarter under review as compared to Rs 1003.02 crore for the similar quarter of the previous year.