Godrej Inds in the black

BS 200 SCORECARD

Godrej Industries (GIL) has posted a net profit of Rs 9.45 crore for the quarter ended June 30 2005, as compared to a loss of Rs 5.60 crore in the corresponding quarter of the previous year.

Profit before depreciation, income and tax (PBDIT) however was at Rs 23.24 crore, an increase of 107 per cent from Rs 11.23 crore in the same quarter of the previous year.

GIL's income from operations for the quarter ended June 2005 is at Rs 182.76 crore, up 14.14 per cent from Rs 160.11 crore in the corresponding period of the previous year. Total income for the quarter ended June 2005 is at Rs 186.94 crore, a 12 per cent increase over Rs 166.20 crore a year ago.

The EPS for the quarter ended June 2005 is at Rs 1.94. The company's chemicals business contributed to 70 per cent of revenues during the quarter.

The chemicals division grew 23 per cent to Rs 130 crore in the quarter ended June 2005, as against Rs 106 crore in the corresponding quarter of the previous year.

The company plans to expand the capacity of its fatty alcohol business by 60 per cent in the current financial year by setting up an export oriented unit at Valia in Gujarat. Fatty alcohols account for about 50 per cent of the sales of GIL's chemicals division.