Hot Pursuit     13-Aug-20
Godrej Inds Q1 PAT drops 40% to Rs 106 cr
Godrej Industries fell 0.57% to Rs 385.40 after the company posted a 40.3% drop in consolidated net profit to Rs 106.17 crore in Q1 June 2020 from Rs 178 crore in Q1 June 2019.
Consolidated revenue from operations stood at Rs 1980 crore in quarter ending June 2020, falling 30.4% from Rs 2845.06 crore posted in the same period last year.

Profit before tax stood at Rs 145.28 crore in Q1 June 2020, 50% lower than Rs 290.74 crore in Q1 June 2019. Total tax expense tumbled 54% to Rs 39.11 crore in Q1 June 2020 over Q1 June 2019. The result was announced during market hours today, 13 August 2020.

Godrej Industries, a Godrej Group Company, is a conglomerate with a significant presence in home and personal care, animal feeds, dairy and agri-products, poultry, oil palm plantation and real estate

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