Stock advisory Company, Godrej Industries faces loss in Q4, standalone income up 33%

Godrej Industries on Monday reported a standalone net loss of Rs 34.14 crore during the fourth quarter (Q4) ended March 31, 2017. However, the standalone total income for Q4 stood at Rs 479.14 crore -- up 32.8 percent.

The company's standalone total income for Q4 of 2015-16 stood at Rs 360.83 crore.

On a consolidated basis, the company reported a net profit of Rs 95.23 crore for the quarter under review from a loss of Rs 57.03 crore during the same quarter in the last fiscal. 

The company's total income during the period rose to Rs 2,026.37 crore -- up 4.91 per cent -- from Rs 1,931.41 crore during Q4 of last fiscal.

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