GODREJ INDUSTRIES LIMITED
Mumbai, May 27, 2015
* Including other income and exceptional items
Godrej Industries Limited today reported its consolidated financial performance for
Q4 & FY 2014-15.
` crore | Q4 FY 2014-15 | Q4 FY 2013-14 | % Increase | FY 2014-15 | FY 2013-14 | % Increase |
Total Income* | 2,433 | 2,075 | 17% | 9,552 | 8,116 | 18% |
PBDIT* | 241 | 190 | 27% | 803 | 656 | 22% |
PBT* | 158 | 133 | 19% | 519 | 467 | 11% |
Net Profit* | 139 | 114 | 22% | 402 | 326 | 23% |
* Including other income and exceptional items
CHAIRMAN'S COMMENTS Commenting on the performance for FY 2014-15, Mr. A. B. Godrej, Chairman, Godrej Industries Limited, said:"I am pleased to share that our overall performance for the year has witnessed a healthy growth. For the fiscal year 2014-15, Godrej Agrovet has done well across verticals. We believe that our Agri business is one of the key enablers for future growth and I am confident that this business supported by our R&D centre and our state-of-the-art capacities will deliver strong performance going forward.
In a challenging environment for the real estate sector, Godrej Properties this year recorded a strong growth in the residential segment with both booking volumes and value increasing by 69% and 58% respectively. We remain excited about this business and are well poised to enhance our position in the sector given our national presence, strong brand equity and large number of new projects in the pipeline.
Godrej Industries Limited | Mr. P. Ganesh/Mr. Clement G. Pinto | Mr. Anoop Poojari |
Pirojshanagar, | Godrej Industries Limited | Citigate Dewe Rogerson |
Eastern Express Highway, | Tel No. +91 22 2519 4313 / 2519 4493 | Tel No. +91 22 6645 1211 / 1218 |
Vikhroli (East) | Fax No. +91 22 2518 8066 | Fax No. +91 22 6645 1213 |
Mumbai - 400079 | e-mail: p.ganesh@godrejinds.com | e.mail: anoop@cdr-india.com |
India | cg.pinto@godrejinds.com | |
CIN: L24241MH1988PLC097781 | website: www.godrejinds.com |
Godrej Consumer Products' business has shown a very strong performance backed by our continued focus on innovations and brand building, and supported by competitive marketing investments and enhancements in our go-to-market infrastructure. We have continued to grow ahead of the market and have gained share in our core categories."
CORPORATE HIGHLIGHTS Business Highlights - Godrej Consumer Products Limited (GCPL) Consolidated organic constant currency net sales increased by 12%.
India business branded net sales increased by 12%, led by double digit growth across categories.
International business grew by 14% on an organic constant currency basis.
Consolidated organic constant currency EBITDA increased by 15%, driven by a strong growth of 13% in the India business and 20% in the international business.
GCPL continues to gain market share across its core categories across geographies.
Declared 4th interim dividend of 250% (` 2.50 per share).
Business Highlights - Godrej Agrovet Limited (GAVL) Consolidated Sales and PBT (before exceptional item of ` 35 crore) grew by 6% and
14% respectively in FY 2014-15.
Cattle feed and Layer feed in Q4 FY 2014-15 have registered 15% and 10% volume growth respectively in sales over Q4 FY 2013-14.
ACI Godrej business topline grew by 18% in Q4 FY 2014-15 primarily driven by volume growth in Cattle Feed, Aqua and Poultry Feed.
Godrej Seeds and Genetics grew by 23% in FY 2014-15 over the previous year despite a weak monsoon in most of GAVL's critical markets.
Godrej Industries Limited | Mr. P. Ganesh/Mr. Clement G. Pinto | Mr. Anoop Poojari |
Pirojshanagar, | Godrej Industries Limited | Citigate Dewe Rogerson |
Eastern Express Highway, | Tel No. +91 22 2519 4313 / 2519 4493 | Tel No. +91 22 6645 1211 / 1218 |
Vikhroli (East) | Fax No. +91 22 2518 8066 | Fax No. +91 22 6645 1213 |
Mumbai - 400079 | e-mail: p.ganesh@godrejinds.com | e.mail: anoop@cdr-india.com |
India | cg.pinto@godrejinds.com | |
CIN: L24241MH1988PLC097781 | website: www.godrejinds.com |
Revenue for Q4 & FY 2014-15 grew 65% and 54% over Q4 & FY 2013-14 respectively.
Net Profit (after minority interest) in Q4 & FY 2014-15 increased by 6% and 20%
respectively over Q4 & FY 2013-14.
Added 2 new projects with 3.85 million sq. ft. of saleable area at Kolkata and Bangalore.
Highest ever annual residential sales by GPL with booking area of 3.6 million sq.ft. and booking value of ` 2,398 Cr.
The Board of Directors has recommended a final dividend of ` 2 per equity share.
GPL received 24 awards in Q4 FY 2014-15 and 59 awards in FY 2014-15.
Chemicals Business (Godrej Industries Limited) PBIT for FY 2014-15 grew 17% over preceding year.
Valia (Gujarat) factory attained the distinction of being the "First Oleo Chemical Company" to have attained the prestigious 'GreenCo Silver' under the Green Company Rating System by CII.
Exports in FY 2014-15 at ` 514 crore amounting to 39% of division's turnover and exporting to 65+ countries.
- ENDS -About Godrej Industries Limited
Godrej Industries Ltd. is part of the Godrej group, one of the leading business groups in India and is in the businesses of Oleo- chemicals, surfactants, finance & investments and estate management. It has substantial interests in several industries including property development, oil palm plantation, animal feeds and agro-products, poultry, personal care and household care, etc., through its subsidiaries and associate companies.
For more information on the Company, please log on to www.godrejinds.com
Disclaimer:
"Some of the statements in this communication may be 'forward looking statements' within the meaning of applicable laws and regulations. Actual results might differ substantially from those expressed or implied. Important developments that could affect the Company's operations include changes in industry structure, significant changes in political and economic environment in India and overseas, tax laws, import duties, litigation and labour relations."
Godrej Industries Limited | Mr. P. Ganesh/Mr. Clement G. Pinto | Mr. Anoop Poojari |
Pirojshanagar, | Godrej Industries Limited | Citigate Dewe Rogerson |
Eastern Express Highway, | Tel No. +91 22 2519 4313 / 2519 4493 | Tel No. +91 22 6645 1211 / 1218 |
Vikhroli (East) | Fax No. +91 22 2518 8066 | Fax No. +91 22 6645 1213 |
Mumbai - 400079 | e-mail: p.ganesh@godrejinds.com | e.mail: anoop@cdr-india.com |
India | cg.pinto@godrejinds.com | |
CIN: L24241MH1988PLC097781 | website: www.godrejinds.com |
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