Go­drej In­dus­tries’ Sep quar­ter net profit in­creases 53% to Rs95 crore


Mum­bai: Go­drej In­dus­tries Ltd on Tues­day said con­sol­i­dated net profit in the Septem­ber quar­ter rose 53% from a year ago to Rs95 crore on the back of growth in the agri, con­sumer and prop­erty busi­ness. To­tal in­come dur­ing the pe­riod rose 11% year-on-year (YOY) to Rs2,523 crore. This came as Go­drej Con­sumer Prod­ucts Ltd—the con­sumer busi­ness—posted 11% sales growth YOY in In­dia and 9% abroad, af­ter a slow­down in­duced by the newly in­tro­duced GST regime dis­rupted trade mar­gins. SOUMYA GUPTA

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