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    HomeNewsBusinessEarningsGodrej Consumer Q3 net jumps 14% but margin slips 110 bps

    Godrej Consumer Q3 net jumps 14% but margin slips 110 bps

    Consolidated net sales rose 16.8 percent to Rs 1,978.8 crore from Rs 1,693.8 crore during the same period.

    February 01, 2014 / 17:11 IST
       
       
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      Moneycontrol Bureau

      Godrej Consumer Products' third quarter consolidated net profit grew 13.8 percent to Rs 195.7 crore compared to a year ago period, supported by higher revenues.

      Consolidated net sales rose 16.8 percent to Rs 1,978.8 crore from Rs 1,693.8 crore during the same period.

      Earnings before interest, tax, depreciation and amortisation jumped 9.25 percent year-on-year to Rs 307 crore but operating profit margin declined 110 basis points to 15.5 percent due to higher expenses in the quarter gone by.

      Advertisement and publicity expenses increased to Rs 227 crore from Rs 184 crore and other expenses jumped to Rs 337 crore from Rs 305 crore on yearly basis.

      first published: Feb 1, 2014 05:11 pm

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