Godrej Industries Limited Regd Office: Pirojshanagar, Eastern Express Highway, Vikhroli, Mumbai 400 079
Godrej Industries Limited Regd Office: Pirojshanagar, Eastern Express Highway, Vikhroli, Mumbai 400 079 Results communication –Q3 FY 2007-08 Mumbai, January 29, 2008 Q3 FY 2007- 08 PBDIT up by 162%; 9M FY 2007-08 PAT grows 44%, PBT up by 38%; Fast Forward into the future… Godrej Industries Ltd., a diversified Indian company with several business interests ranging from chemicals, processed foods and beverages, animal feeds, poultry, rural retailing, pest management services, property development, agri-products to branded tea, confectionery, household insecticides and BPO among others, today announced its financial results for the quarter ended 31st December 2007. Highlights Q3/9M FY 2007-08 • Successful placement of QIP issue, raising Rs. 600 crore • Q3 FY 2007-08 - PBDIT higher at Rs. 29.0 crore; up by 162% • 9M FY 2007-08 - PBT increases by 38% to Rs. 82.9 crore • 9M FY 2007-08 - Net Profit at Rs. 88.1 crore; higher by 44% • EPS 9M FY 2007-08 at Rs. 3.7 (annualised) • Ranked as 9th Fastest Wealth Creator and 65th Biggest Wealth Creator (2002-07) Announcing the results, Mr. Adi Godrej, Chairman, Godrej Industries Limited said, ‘‘The results for the quarter and nine months reflect the company’s ability to deliver and sustain growth. GIL successfully placed an equity issue of Rs. 600 crore with QIBs which would help accelerate the growth plans of the company and its subsidiaries. Our Oleo Chemicals business continued to register an impressive performance in the third quarter of the current year. Our subsidiary, Godrej Properties continues its accelerated growth in the real estate market and is fast developing multiple projects in cities like Mumbai, Bangalore, Pune, Kolkata, Hyderabad and Mangalore.
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