Godrej Industries Q1 internet revenue slumps to Rs 106 cr, income at Rs 1,980 cr

Godrej Industries Ltd on Thursday reported a consolidated internet revenue of Rs 106.17 crore for the primary quarter ended June 2020.

The corporate had posted a internet revenue of Rs 178 crore in April-June quarter a yr in the past, Godrej Industries Ltd (GIL) stated in a regulatory submitting. Its income from operations was at Rs 1,980.06 crore through the quarter underneath evaluate. It stood at Rs 2,845.06 crore within the corresponding quarter final fiscal.

Godrej Industries’ whole bills have been at Rs 2,048.27 crore.

In the meantime, the Godrej Industries stated its outcomes are “not comparable with these of the earlier durations/yr” in view of acquisitions and adjustments within the firm’s/group’s shareholdings through the interval in among the subsidiaries, joint ventures and associates.

GIL’s income from the chemical compounds phase was at Rs 245.62 crore within the June quarter this yr. It was at Rs 399.11 crore within the corresponding quarter a yr in the past.

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Income from animal feeds phase was at Rs 748 crore, whereas it stood at Rs 885.02 crore in Q1/FY2019-20.

Veg oils phase income within the April-June quarter was at Rs 260.73 crore. It was Rs 247.29 crore within the corresponding quarter final yr.

Income from property and property growth was at Rs 207.08 crore. It was 728.72 crore within the corresponding interval.

Whereas dairy enterprise income was at Rs 236.56 crore. It was Rs 320.58 crore in April-June quarter of FY 2019-20.

Crop safety income was at Rs 320.84 crore. It was Rs 286.82 crore within the corresponding interval final yr.

Shares of Godrej Industries closed at Rs 380.75 on BSE, down 1.77 per cent from its earlier shut.

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