Godrej Industries Q1 consolidated net profit up 21%

Godrej Industries Ltd today posted 21.38 per cent increase in its consolidated net profit at Rs 94.32 crore for the first quarter ended June 30, 2015.
It had a net profit of Rs 77.70 crore in the same quarter of the last fiscal.
Godrej Industries' total income from operations on consolidated basis was up 7.93 per cent to Rs 2,510.67 crore as against Rs 2,326.17 crore in the same period last fiscal, the company said in a BSE filing.
Commenting on the results, Godrej Industries Chairman A B Godrej said: "Despite volatile market conditions, Godrej Agrovet had a steady quarter."

On the outlook, he said: "In a challenging environment for the real estate sector, Godrej Properties has started the year on a strong note by registering its highest ever quarterly bookings and highest ever deliveries in a single quarter.
"We look forward to building on this momentum in the year ahead.