Godrej Consumer Products jumps on reporting 24% rise in Q4 consolidated net profit
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Godrej Consumer Products is currently trading at Rs. 980.50, up by 17.90 points or 1.86% from its previous closing of Rs. 962.60 on the BSE.
The scrip opened at Rs. 990.00 and has touched a high and low of Rs. 990.00 and Rs. 972.80 respectively. So far 50898 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 994.45 on 24-Apr-2023 and a 52 week low of Rs. 708.60 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 990.00 and Rs. 927.00 respectively. The current market cap of the company is Rs. 100674.90 crore.
The promoters holding in the company stood at 63.21%, while Institutions and Non-Institutions held 30.84% and 5.94% respectively.
Godrej Consumer Products has reported results for fourth quarter (Q4) and year ended March 31, 2023.
The company has reported 2.40% marginal fall in its net profit at Rs 407.51 crore for the quarter under review as compared to Rs 417.53 crore for the same quarter in the previous year. However, total income of the company increased by 13.32% at Rs 1872.80 crore for Q4FY23 as compared to Rs 1652.72 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 24.47% rise in its net profit at Rs 452.14 crore for fourth quarter ended March 31, 2023 as compared to Rs 363.24 crore for the same quarter in the previous year. Total income of the company increased by 10.83% at Rs 3258.07 crore for Q4FY23 as compared to Rs 2,939.58 crore for the corresponding quarter previous year.
For the year ended March 31, 2023, the company has reported 2.34% marginal rise in its net profit at Rs 1513.70 crore as compared to Rs 1479.15 crore for the previous year. Total income of the company increased by 11.19% at Rs 7806.65 crore for year under review as compared to Rs 7020.74 crore for year ended March 31, 2022.
For the year ended March 31, 2023, on the consolidated basis, the company has reported 4.53% marginal fall in its net profit at Rs 1702.46 crore as compared to Rs 1783.39 crore for the previous year. However, total income of the company increased by 9.04% at Rs 13484.38 crore for year under review as compared to Rs 12366.21 crore for year ended March 31, 2022.
