Godrej Industries Net Profit up 48.74 crore

Godrej Industries has posted consolidated net profit of Rs 487.40 million for the quarter ended Jun. 30, 2010 where as the same was at Rs 163.60 million for the quarter ended June 30, 2009.

Total income is Rs 10,030.20 million for the quarter ended June 30, 2010 where as the same was at Rs 7,800.30 million for the same quarter a year ago.

In view of change in the company`s shareholdings in some of the subsidiaries, joint ventures and associates, as also business restructuring including acquisitions, divestments/joint ventures in some of these companies, the consolidated results for the year are not strictly comparable with those of the previous year.

Regards,
Free Indian Stock Tips Team