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)
Godrej Consumer Products Limited is an India-based fast moving consumer goods company. It is principally engaged in manufacturing and marketing household and personal care products. The Company operates through four geographical segments: India, Indonesia, Africa, and others. Its personal care brands include Saniter, Cinthol, PAMELAGRANT Beauty, Villeneuve, Millefiori, mitu, purest hygiene and goodness.me. Its home care brands include good knight, HIT, aer, Stella, and Ezee. Its haircare brands include DARLING, INECTO, PROFECTIV Mega Growth, Ilicit, ISSUE, nupur, PROFESSIONAL, tcb naturals, renew, Just for Me, ROBY, AFRiCAN PRIDE and nyu. It offers a range of products in India, which includes household insecticides, air fresheners, hair color and soaps. Its subsidiaries include Godrej Household Products (Lanka) Pvt. Ltd., Godrej South Africa Proprietary Ltd, Beleza Mozambique LDA, Cosmetica Nacional, Godrej Africa Holdings Limited, Godrej East Africa Holdings Ltd and Deciral SA.