Home Progressive Grocer Godrej Consumer Products Q4 FY14 Net Profit Stands at Rs 1.67bn

Godrej Consumer Products Q4 FY14 Net Profit Stands at Rs 1.67bn

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reported net profit of Rs 1,670.30 million for the quarter ended March 31, 2014 as compared to Rs 1,502.60 million for the quarter ended March 31, 2013. Total income stood at Rs 1,0595.70 million for the quarter ended March 31, 2014 as against Rs 9,497.20 million for the quarter ended March 31, 2013.

Commenting on the financial performance for the fourth quarter, , Chairman, Godrej Group, said: “We have delivered robust performance in India and in our international businesses this quarter despite of the challenging market environment. Our focus on sustaining and extending leadership in our core categories has enabled us to grow significantly ahead of the market. Also, our innovations have delivered well ahead of expectations. Overall, our operating performance has been strong, with profits growing ahead of sales.”

A consolidated net profit of Rs 2,362.80 million for the quarter compared with Rs 3,341.40 million for the same quarter last year was registered by the Group.