Godrej Industries, a subsidiary of Godrej & Boyce Mfg. Co. Limited, has registered a consolidated net profit of Rs 66.67 crore for the second quarter ended September 30, up 244 per cent, compared to net profit of Rs 19.4 crore in the same period last year.

However, the company witnessed a decline of 7 per cent in its total income, which dropped to Rs 896.17 crore in the quarter ended September 30, against total income of Rs 965.27 crore in the same period last year.

On standalone basis, Godrej Industries has posted a net profit of Rs 36.43 crore in July-September quarter, against net loss of Rs 9 crore in the same period previous quarter.

Godrej Industries Limited engages in the manufacture and marketing of oleo-chemicals, oleo-chemical precursors and derivatives, and bulk edible oils in India and internationally.

The stock of the company closed on Friday at Rs 178, down 2 per cent to its previous close.