Godrej Industries has posted a 41 per cent increase in net profit at Rs 71 crore (Rs 51 crore)for the fourth quarter. Total income increased by 9 per cent at Rs 408 crore.
On a consolidated basis, net profit was up by 61 per cent at Rs 43 crore. Total income rose by 3 per cent at Rs 1479 crore.
In a statement Mr, Adi Godrej, Chairman, Godrej Industries said, ``In a tough operating environment, our endeavour will be to focus on our `CREATE’ strategy which allows us to represent the Indian growth story and harness opportunities in a diverse array of businesses.’’ eom