Mumbai FMCG major Godrej Consumer Products Ltd on Friday reported A 59.55 per cent jump in THEIR net profitS at Rs 27.81 crore for the quarter ended September 30, 2005 as compared to Rs 17.43 crore in the year-ago period.
The net income has increased 19.93 per cent to Rs 163.13 crore for the second quarter from Rs 136.02 crore in the same period last fiscal, the company informed the Bombay Stock Exchange.
The board of directors have declared a second interim dividend of 75 per cent, that is Rs 3 per share of Rs 4 each for the year 2005-06.
?I am delighted to report yet another quarter of strong performance with both our business segments delivering healthy results. We are now the second largest toilet soap player in the country. In the hair colour business too, our market share continues to improve," Godrej, Chairman and Managing Director, Adi Godrej said.
"The FMCG segment is witnessing healthy demand growth. Clarity on VAT has enabled us to further enhance sales. I believe GCPL is extremity well positioned to sustain its strong business growth", Godrej said.
The company's share price was up 1.42 per cent at Rs 438.95 during the early trade at the Bombay Stock Exchange.
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