Godrej Consumer Q1 net up 78% at Rs 69 crore

Godrej Consumer Q1 net up 78% at Rs 69 croreGodrej Consumer Products, leading FMCG major has reported a handsome growth of 78% in its net profit for the first quarter ended June 30, 2009.

During the reporting period, the company has recorded a net profit of Rs 69 crore.

In a communiqué to Bombay Stock Exchange (BSE), the company said that it has clocked a much higher profit in the latest quarter compared to a net profit of Rs 39 crore in the same period last year.

Further, company's total income also climbed to Rs 448 crore in the latest quarter, from Rs 370 crore in the similar quarter previous fiscal.

On standalone basis, company's net profit during the June quarter surged 75% to Rs 60 crore from Rs 34 crore in the same quarter ended June 2008.

Total income also witnessed an upward trend to Rs 350 crore in the quarter under review, against Rs 287 crore in the same quarter last fiscal.

Stock of Godrej Consumer Products closed on Friday in positive territory at Rs 207, up 5.73% on Bombay Stock Exchange (BSE). The total volume of shares traded on BSE was 110,846. (Friday)