Godrej Industries logs three-fold jump in Q2 net profit

14 Nov 2024 , 09:30 AM

Godrej Industries Ltd reported a 229.98% year-on-year (YoY) increase in net profit to ₹288 Crore in the second quarter ended September 30, 2024.

In the preceding fiscal quarter, Godrej Industries reported a net profit of ₹87.3 Crore, according to a regulatory filing. The company’s revenue from operations climbed by 22% to ₹4,805 Crore from ₹3,937.6 Crore in the previous fiscal year.

EBITDA increased by 229.98% to ₹288 Crore in the second quarter of this fiscal year, up from ₹87.3 Crore in the same period last year. The EBITDA margin was 12% in the reporting quarter, up from 6.7% in the same period last fiscal year.

Godrej Industries reported a consolidated sales of ₹3,647 Crore in Q2 FY2025. The Home Care segment expanded by 12%, with Household Insecticides growing in the mid-single digits, Air Fresheners growing strongly in the double digits, and Fabric Care likewise growing in the double digits.

Personal Care segment expanded by 3%, with Personal Wash experiencing flat volume growth while maintaining market share gains. Godrej Properties Ltd (GPL) recorded a booking value of ₹5,198 Crore in Q2 FY2025, adding 10 new projects year-to-date. The total estimated saleable area is about 13.9 million square feet, with a potential booking value of ₹17,450 Crore.

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