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Godrej Consumer Products Q4 profit up 36 per cent at Rs 192.65 cr

GCPL's net sales in fourth quarter of 2011-12 increased 30.85 per cent to Rs 1,323.04 crore, against Rs 1,011.04 crore last year.

twitter-logoPTI | April 30, 2012 | Updated 14:49 IST

Godrej Consumer Products (GCPL), one of the leading personal care and household goods maker, has posted 36 per cent increase in consolidated net profit for the fourth quarter ended March 31, 2012, at Rs 192.65 crore.

The company's consolidated net profit was Rs 141.66 crore in the same period in 2010-11.

GCPL's net sales in fourth quarter of 2011-12 increased 30.85 per cent to Rs 1,323.04 crore, against Rs 1,011.04 crore, it said in a filing to the Bombay Stock Exchange.

For the fiscal 2011-12, consolidated net profit increased 41.19 per cent to Rs 726.72 crore compared to Rs 514.71 crore in the previous fiscal, it said.

Its net sales grew 31.95 per cent to Rs 4,850.94 crore during the fiscal, against Rs 3,676.31 crore in 2010-11.

Commenting on the results, GCPL Chairman Adi Godrej said: "I continue to be very confident of the opportunities for GCPL both in India and overseas. We will continue to pursue a prudent but aggressive growth strategy through a blend of organic and inorganic initiatives."

The company's board also declared a fourth interim dividend for the year 2011-12 at the rate of Rs 1.75 per share (175 per cent on the face value of Re 1 each).

The record date for the same has been fixed as May 10, 2012 and the dividend shall be paid on May 21, 2012.

Shares of GCPL touched a new high of Rs 535.80 per share on the BSE during the afternoon trade, up 1.7 per cent from the previous close.

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