पहली तिमाही में गोदरेज इंडस्ट्रीज का मुनाफा 81% बढ़ा: रेवेन्यू 6% कम होकर ₹4,248 करोड़, एक साल में 79.39% चढ़ा शेयर

Godrej Industries Limited, a company that manufactures everything from soap to lockers, has made a profit (consolidated net profit) of Rs 322.49 crore in the first quarter of the financial year 2024-25.

This is an increase of 81.11% as compared to the same quarter a year ago. In Q1FY24 (first quarter of financial year 2023-24), the company had a profit of Rs 178.06 crore.

Talking about the consolidated revenue from the company’s operations, it stood at Rs 4,247.93 crore in the April-June quarter. It has decreased by 5.72% on an annual basis.

In the same quarter a year ago, the company had generated a revenue of Rs 4,505.66 crore. The amount received from selling goods and services is called revenue.

Godrej Limited’s total income increased by 7.48%
In the April-June quarter, the total income of Godrej Industries increased by 7.48% year-on-year to Rs 5,259.41 crore. In the first quarter of the financial year 2023-24, the company’s income was Rs 4,893.40 crore. At the same time, the total expense of the company during this period was Rs 4,447.51 crore.

Godrej shares fell after the results
After the results, the stock of Godrej Industries saw a decline. The stock of the company today (Tuesday, 13 August) fell 1.12% to close at Rs 888.95. Godrej’s stock has given a return of 9.02% in the last 6 months and 79.39% in one year. This stock has risen 13.98% this year i.e. from 1 January 2024 till now. The market-cap of the company is Rs 29,940 crore.

Shares of Godrej Industries today (Tuesday, August 13) fell 1.12% to close at Rs 888.95. The company’s market cap is Rs 29,940 crore.

Godrej was established in 1897
The group was founded in 1897 by Ardeshir Godrej and Pirojsha Burjorji Godrej. Ardeshir Godrej started his first business of surgical blades with 3 thousand rupees, which could not flourish further. Godrej was adamant on getting ‘Made in India’ written on his name from the British. The reason for the failure of his first business was his patriotism.

The idea of ​​making a lock came from incidents of theft
Ardeshir Godrej’s first business may have failed, but he did not give up. One day, while reading the newspaper, he came across a news item. This news was related to incidents of theft in Bombay. Bombay’s Police Commissioner had asked people to improve the security of their homes and offices. Just this news gave Ardeshir the idea of ​​making locks.

Started the work of making locks by taking a loan
It is not that there were no locks at that time. But Godrej made locks that were more secure than before. Once again, he took a loan and opened a 215 square feet warehouse next to Bombay Gas Works and started making locks there. With this, the ‘Godrej’ company was born in the year 1897. After some time, his younger brother Pirojsha also joined this business and they came to be known as Godrej Brothers.

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127-year-old Godrej Group to be split: Adi-Nadir Godrej will get listed companies of Industries; cousin Jamshed will get non-listed companies

The Godrej Group, which manufactures everything from soap to lockers, is about to split. The Godrej family has agreed to divide the 127-year-old group into two parts. Under this, one part will go to Adi Godrej and his brother Nadir, while the other will go to cousin Jamshed and sister Smita.

Adi and Nadir retained Godrej Industries, which has five listed companies, while Jamshed and Smita got unlisted company Godrej & Boyce and its prime assets in Mumbai, including a land bank, the group informed the stock exchange on April 30.

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Godrej Consumer Q1 profit rises to Rs 451 crore: up 41% YoY, revenue down 3.40%; stock up 30% this year

Godrej Consumer, the FMCG company of Godrej Group, has a consolidated net profit of Rs 451 crore in the first quarter of the financial year 2024-25. It has increased by 41% on an annual basis. The company had a profit of Rs 319 crore in the same quarter a year ago.

Talking about the revenue in the April-June quarter, it was Rs 3,332 crore. It has decreased by 3.40% on an annual basis. In the first quarter of the financial year 2023-24, the company had generated a revenue of Rs 3,449 crore. The amount received from selling goods and services is called revenue.

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