Godrej Consumer Products (GCPL), one of the leading FMCG companies, witnessed a rise in share price on Wednesday after it disclosed a substantial rise in consolidated net profit for the quarter ended June 2015. During the quarter, the profit of the company rose 38.88% to Rs 1,992.30 million from Rs 1,434.50 million in the same quarter previous year.
Revenues for the quarter rose 11.07% to Rs 20,976.60 million, compared with Rs 18,885 million for the prior year period.
Shares of Godrej Consumer Products are trading at Rs 1,248, up Rs 46.85, or 3.90% at the Bombay Stock Exchange (BSE) on Wednesday at 1:26 p.m. The scrip has touched an intra-day high of Rs 1,255 and low of Rs 1,210.
Total volume of shares traded on the bourses today was higher by 116.38% to 509,287 compared with 22-day average volume of 235,365.