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FMCG major Godrej Consumer Products Ltd (GCPL) today reported a 16.75 per cent rise in consolidated net profit at Rs 310.07 crore for the fourth quarter ended March 31, 2015-16.
The company had reported a net profit of Rs 265.57 crore in the corresponding period of the previous financial year 2014-15.
During the period under review, the company’s net sales stood at Rs 2,266.06 crore, up 8.80 per cent, against Rs 2,082.61 crore in the year-ago period, GCPL said in a BSE filing.
For the full year 2015-16, GCPL’s net profit was Rs 1,119.41 crore, compared with a net profit of Rs 907.12 crore in the previous fiscal year.
GCPL’s net sales in the financial year were Rs 8,957.15 crore as against Rs 8,242.2 crore a year ago.
Godrej Group Chairman Adi Godrej said: “We are investing strategically in creating new growth vectors for the future, while continuing to drive our core to full potential.”
“The response to our new launches, introduced over the last few months, has been encouraging and we will continue to build on this momentum. We will continue to invest competitively in our brands and enhance our go-to-market infrastructure.”
Meanwhile, in a separate filing, the company also said its board of directors has declared a fourth interim dividend of Rs 2.75 per share for the financial year 2015-16.
Shares of Godrej Consumer were trading at Rs 1,369.95 a piece, down 0.02 per cent on the BSE.
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