Godrej Industries Q4 PAT squeezed to Rs26cr, down 91% yoy; amends whistle blower policy

For the financial year, net profit was at Rs552cr down 6% from Rs590cr in FY19.

May 22, 2020 11:05 IST India Infoline News Service

During March 2020 (Q4FY20) quarter, Godrej Industries consolidated net profit squeezed to mere Rs26cr resulting in a decline of 91% compared to Rs297cr recorded in Q4FY19.

For the financial year, net profit was at Rs552cr down 6% from Rs590cr in FY19.

Consolidated total income was at Rs3,268cr in the quarter mostly muted compared to Rs3,277cr in Q4FY19. Whereas, total income was at Rs12,141cr in FY20, up by 3% from Rs11,759cr in FY19.

In a meeting held on Friday, the Board of Directors of the Company has amended the Whistle Blower Policy of the Company with immediate effect.

On Sensex, the Godrej Industries stock price ended muted at Rs254.85  per piece.

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