A file photo of Godrej Industries chairman Adi Godrej. Photo: Hemant Mishra/MintMumbai: Godrej Industries Ltd on Tuesday said consolidated net profit in the September quarter rose 53% from a year ago to Rs95 crore on the back of growth in the agriculture, consumer and property business. Total income during the period rose 11% year on year to Rs2,523 crore. Subsidiary Godrej Agrovet Ltd also listed on the stock exchanges this quarter and declared a 13% growth in net profit for its September 2017 quarter. I think Godrej Agrovet will drive the growth of GIL very considerably, and we are making several investments in R&D there.

Source: Mint November 14, 2017 21:45 UTC