Godrej Consumer Q3 net profit at Rs 167.10 cr; shares up by 5%

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Godrej Consumer Q3 net profit at Rs 167.10 cr; shares up
Godrej Consumer Products Ltd has posted consolidated results for the Quarter ended December 31, 2011, it reported net profit of Rs. 167.10 crore for the quarter ended December 31, 2011 where as the same was at Rs. 118.82 crore for the quarter ended December 31, 2010.

Net sales of the company stood at Rs 1,344.06 crore for the third quarter ended December 31, 2011. It was Rs 988.79 crore in the corresponding period of previous fiscal.

"The figures for the current quarter and nine months ended are not comparable with those of the corresponding period of the previous year because of acquisitions / amalgamations made since then. Previous period's figures have been regrouped and reclassified wherever necessary" said in the statement.

Godrej Consumer Products Ltd has informed BSE that the Board of Directors, has declared a third interim dividend @ Re. 1/- per share (100% on the shares of the face value of Re. 1/-each) for the financial year 2011-12.

The Company has also submitted a copy of an analyst presentation to BSE, the acquisition of 60% stake in Cosmetica Nacional, a market leading hair colorant and cosmetics company in Chile.

On Monday, at 12.45 pm IST on BSE, shares of the company surged by 22.30 points or 5.54% at Rs 424.95. It had reached intraday high of Rs 443.80.

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