India's Godrej Industries gains on Q3 profit surge

Godrej Industries

13/02/2025 08:51

** Shares of Godrej Industries  GODI.NS  rise 4.8% to 852
rupees
    ** Co posted a 77% rise in Q3 consol net profit to 1.88
billion rupees ($21.7 million); rev from ops up 34% Y/Y
    ** Co aided by over two-fold surge in rev from its estate
and property development segment, which contributes 24% to the
total rev
    ** More than 1.8 million shares change hands, 20.3x its
30-day avg; set for most active session since September 6
    ** Stock on track to snap four-day losing streak 



($1 = 86.8520 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))