Godrej Industries net up 46%

Godrej Industries has posted 46 per cent increase in consolidated net profit at ₹78 crore for the first quarter. Total Income was up by 23 per cent at ₹2,394 crore. AB Godrej, Chairman, said: “Despite delayed monsoon, our agri-businesses registered sustained momentum in revenues and marked improvement in profitability. We are beginning to see improved consumer sentiment on the ground and are hopeful that this will start translating into better consumer demand in the quarters.”