BackGodrej Consumer Q2 stand-alone profit rises 21%
Net profit increased to Rs174 crore for the September quarter from Rs143 crore a year earlier
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Mumbai: Godrej Consumer Products Ltd, the maker of Cinthol soap and Good Knight mosquito repellent, said fiscal second quarter stand-alone profit rose 21.7%, in line with analyst estimates.
Net profit increased to ₹ 174 crore for the September quarter from ₹ 143 crore a year earlier, the company said on Saturday. Total stand-alone income increased 6.5% to ₹ 1,091 crore from ₹ 1,024 crore.
“Consumer demand remained subdued in the second quarter of fiscal year 2014-2015, making this one of the slowest years of growth for the Indian FMCG industry in over a decade. We have however, continued to outperform the market and our brands have further strengthened their leadership positions," said Adi Godrej, chairman, Godrej Group in a press statement.
Shares of Godrej Consumer closed marginally down by 0.13% at ₹ 967.75 on Friday. The benchmark Sensex gained 1.90% to close at 27,865.83 points.
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