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2 min read | Updated on February 13, 2025, 12:23 IST
SUMMARY
Godrej Industries on Wednesday posted a 77% jump in its net profit to ₹188 crore for the third quarter of the current fiscal year (Q3 FY25). The company's stock climbed by nearly 10% on Thursday with strong Q3 earnings exciting the investors.
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Godrej Consumer Products Ltd (GCPL) reported a 14% year-on-year (YoY) decline in consolidated net profit for Q3 FY25
Shares of Godrej Industries are trading 5.4% up at ₹856.50 apiece on the NSE on Thursday, February 13 after announcing impressive earnings for the October-December quarter of the current fiscal year (Q3 FY25) yesterday, February 12. The stock shot up by as much as 10% in morning trade, reaching ₹879.25 per share. The company’s market capitalisation now stands at ₹28,842.82 crore.
The company on Wednesday posted a 76.9% jump in its net profit to ₹188.2 crore for Q3 FY25 as against ₹106.4 crore in the year-ago quarter. Its revenue from operations was at ₹4,824.8 crore for the reporting quarter, up 34.4% as compared to the same period last fiscal year.
Earnings before interest, tax, depreciation and amortisation of Godrej Industries climbed by 113.75% to ₹596.8 crore in Q3 FY25 from ₹279.2 crore in Q3 FY24, while the EBITDA margin stood at 12.4%, up from 7.8%.
From its key segments, Godrej Consumer Products Ltd (GCPL) reported a 14% year-on-year (YoY) decline in consolidated net profit for Q3 FY25 caused by temporary headwinds. This segment’s sales, however, increased by 6% YoY.
Its real estate segment Godrej Properties posted a total booking value of ₹5,446 crore from sales of 4.07 million square feet for the quarter under review. It bagged four new projects with a saleable area of 5.9 million square feet and an estimated booking value of ₹10,800 crore.
In the reporting quarter, the company’s sales in the personal care segment grew by 2% YoY, while the revenue for its home care vertical increased by 4%. Its chemicals segment revenue reported a stellar growth of 44% YoY in Q3 FY25.
Godrej Industries stock is trading 33.3% below its 52-week high of ₹1,314 per share reached in September 2024. Moreover, the scrip is 20.9% up from its 52-week low of ₹724.20 apiece, which it hit in March last year.
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