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Godrej Consumer Products jumps on reporting 21% rise in Q2 consolidated net profit

Godrej Consumer Products is currently trading at Rs. 987.40, up by 12.80 points or 1.31% from its previous closing of Rs. 974.60 on the BSE.

The scrip opened at Rs. 1002.00 and has touched a high and low of Rs. 1007.00 and Rs. 978.00 respectively. So far 38810 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 1101.55 on 06-Jul-2023 and a 52 week low of Rs. 793.70 on 10-Nov-2022.

Last one week high and low of the scrip stood at Rs. 1007.00 and Rs. 960.05 respectively. The current market cap of the company is Rs. 100952.37 Crore.

The promoters holding in the company stood at 63.21%, while Institutions and Non-Institutions held 31.17% and 5.62% respectively.

Godrej Consumer Products has reported 47.74% rise in its Net Profit at Rs 484.87 crore for Q2FY24 as compared to Rs 328.19 crore for the same quarter in the previous year. Total income of the company increased by 15.56% at Rs 2325.76 crore for Q2FY24 as compared Rs 2012.60 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 20.60% rise in its net profit at Rs 432.77 crore for the quarter under review as compared to Rs 358.86 crore for the same quarter in the previous year. Total income of the company increased by 6.88% at Rs 3667.88 crore for Q2FY24 as compared Rs 3431.79 crore for the corresponding quarter previous year.



This post first appeared on Udaipur Kiran, please read the originial post: here

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Godrej Consumer Products jumps on reporting 21% rise in Q2 consolidated net profit

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