Godrej Industries posts 31% yoy rise in cons. PAT in Q1FY20

Total income fell 3% yoy to Rs2,941cr. PBDIT saw a 22% yoy growth in Q1FY20.

Aug 13, 2019 10:08 IST India Infoline News Service

Godrej Industries posted its Q1FY20 results post market hours today.

Shares of the company ended down 3.2% today.

The company's cons. net profit rose 31% yoy to Rs103cr vs. Rs79cr in the corresponding period in the previous year, driven by real estate.

Total income fell 3% yoy to Rs2,941cr.

PBDIT saw a 22% yoy growth in Q1FY20.

Consumer segment: Consolidated constant currency sales increased by 4% year-on-year. Consolidated constant currency EBITDA declined by 8% year-on-year.

Chemicals: PBIT for Q1FY19 increased by 43% yoy as compared to Q1FY18. 

Godrej Properties: Q1FY20 witnessed total booking value of  Rs897cr and total booking volume of 1.35mn sq.ft. as compared to total booking value of Rs820cr and total booking volume of 1.17mn sq.ft in Q1FY19. PAT rose from 34cr in Q1FY19 to Rs90cr this quarter.

Agri Business: Consolidated Total Income for Q1FY20 stood at Rs1,713, a growth of 15%. However, PAT fell to Rs113cr from Rs120cr yoy.

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