Godrej Industries Limited — Important, 13-11-2024: General Updates

The Board of Directors of Godrej Industries Limited has approved the financial results for the quarter and half-year ended September 30, 2024. Consolidated total income rose by 20% year-on-year to ₹5,118 crore for Q2, while for H1, it increased by 13% to ₹10,378 crore. PBDIT saw a significant jump of 53% to ₹1,014 crore for Q2, with a 68% increase to ₹2,420 crore for H1. Net profit surged by 29% to ₹288 crore in Q2 and by 30% to ₹610 crore in H1.

In business highlights, Godrej Consumer Products Limited (GCPL) reported a consolidated revenue of ₹3,647 crore for Q2, an 8% growth in EBITDA, and a 12% increase in net profit. Godrej Properties recorded a booking value of ₹5,198 crore for Q2, adding 10 new projects with a total potential booking value of approximately ₹17,450 crore. Meanwhile, Godrej Agrovet’s revenues were ₹2,461 crore for Q2, with notable contributions from its Animal Feed and Dairy segments. Overall, the company presents a positive outlook, driven by strong performance across various business units.