Media Release | INDUSTRIES

Mumbai, November 11, 2013

Consolidated PBDIT for H1 FY 2013-14 at ` 337 crore up by 38% Consolidated PBT for H1 FY 2013-14 at ` 239 crore up by 56%

Godrej Industries Limited today reported its consolidated financial performance for

Q2 & H1 FY 2013-14.

HIGHLIGHTS OF CONSOLIDATED FINANCIAL PERFORMANCE (Q2 & H1 FY 2013-14)

` Crore

Q2

FY

2013-14

Q2

FY

2012-13

%

increase

H1

FY

2013-14

H1

FY

2012-13

%

increase

Total Income*

2,083

2,037

2%

4,028

3,870

4%

PBDIT*

191

146

31%

337

244

38%

PBT*

139

100

38%

239

153

56%

Net Profit

94

77

22%

147

118

24%

EPS (`) (annualised)

11.15

9.44

18%

8.75

7.28

20%

CHAIRMAN'S COMMENTS Commenting on the performance for Q2 FY 2013-14, Mr. A. B. Godrej, Chairman, Godrej Industries Limited, said:

"Our results for the second quarter have demonstrated the strength of our business model which captures a diverse range of businesses in some of the key growth sectors of the economy. In a challenging environment, our overall performance has been encouraging as some of the core operations registered sustained growth.
Our agri businesses registered sustained momentum in revenues and marked improvement in profitability driven primarily by the agri-inputs segment and our agri joint ventures. The aqua feed business continued to record strong volumes in Q2 FY14 followed by robust growth in layer feed volumes. The oil-palm segment has been incrementally adding acreage under cultivation each quarter. Overall, the outlook for all the agri. businesses is extremely favourable and we are positioned well to tap the prospects in the agri. sector in India.
Godrej Properties has witnessed strong growth, a successful capital raise and the expansion of their development portfolio by adding joint venture projects in key markets across India. Godrej Properties continues to place tremendous emphasis on execution at all on-going projects and we are happy to deliver Phase 1 of Godrej Garden City, Ahmedabad on time in Q2 FY 2014.

Godrej Industries Limited

Mr. Clement G Pinto

Mr. Anoop Poojari

Pirojshanagar,

Chief Financial Officer

Citigate Dewe Rogerson

Eastern Express Highway,

Godrej Industries Limited

Tel No. +91 22 6645 1211 / 1218

Vikhroli (East)

Tel No. +91 22 - 2518 8010 / 2519 4493

Fax No. +91 22 6645 1213

Mumbai - 400079

Fax No. +91 22 - 2518 8066

e.mail : anoop@cdr-india.com

India

e.mail : cg.pinto@godrejinds.com

dipti@cdr-india.com

website : www.godrejinds.com

India

Media Release | INDUSTRIES


In a challenging environment, Godrej Consumer has delivered 23% growth well ahead of FMCG industry growth. Along with healthy top line growth, we have also delivered good operating profit growth with 20% EBITDA growth. We continue to be aggressive in launching new innovations that have been well accepted by our consumers. We are backing our new launches with strong investments. At the same time, we continue to intensify our efforts in enhancing our distribution and improving productivity through technology.

Our Chemicals business performance continues to reflect the impact of an adverse global economic environment and increasing price of natural gas. While we remain cognizant of the challenges, we believe that the tide should turn and the business will again be in a position to deliver healthy performance."

CORPORATE HIGHLIGHTS Business Highlights - Godrej Consumer Products Limited (GCPL)