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Indian appliance maker Godrej Consumer Products reported that consolidated net profit for the third quarter ended December 31, 2009 surged to Rs.85.12 crore (approx. U.S. $18.4 million) from Rs.40.06 crore (approx. U.S. $8.7 million) in the same quarter last year. Total income increased to Rs.528.64 crore (approx. U.S. $114 million) from Rs.353.92 crore (approx. U.S. $76.6 million) in the year ago quarter.
On a standalone basis, the net profit grew to Rs.56.17 crore (approx. U.S. $12.2 million) in the third quarter ended December 31, 2009 compared to Rs.38.92 crore (approx. U.S. $8.4 million) in the corresponding quarter last year. Total income increased to Rs.326.29 crore (approx. U.S. $70.6 million) from Rs.284.57 crore (approx. U.S. $61.6 million) in the year ago quarter.
(Source: RTTNews)
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