Consolidated profit before tax grew 34.06% to Rs 317.94 crore in the quarter ended 30 June 2022 as against Rs 237.17 crore recorded in the same period last year.

Total expenses spiked 34.7% YoY to Rs 3,967.54 crore in Q1 FY23. Cost of materials consumed was at Rs 2,732.83 crore (up 39.39% YoY), cost of property development came at Rs 971.22 crore (up 508.88%) and employee expenses stood at Rs 208.33 crore (up 18.05% YoY).

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.