Godrej Consumer Products Q4 net profit jumps 66.55% at Rs 417.53 cr
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The company reported standalone net profit of Rs 417.53 crore for the quarter ended March 31, 2022 as compared to Rs 250.70 crore in the same period last year, registering a year-on-year growth of 66.55 per cent. Net revenue of the company rose moderately by 9.38 per cent at Rs 1,603.88 crore in January-March quarter of this fiscal as against Rs 1,466.36 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 7.45 per cent to Rs 1,249.12 crore from Rs 1,162.53 crore in year ago period.
Other Income grew by 44.11 per cent at Rs 17.38 crore versus (Mar'21 Rs 12.06 crore). Operating Profit surged by 14.53 per cent to Rs 386.22 crore as against Rs 337.21 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 4.70 per cent in March quarter. Interest declined by 24.05 per cent y-o-y to Rs 1.20 crore, while Taxation decreased by 91.53 per cent at Rs 6.39 crore (Mar'21 Rs 75.40 crore).
