New Delhi, May 21 (PTI) Godrej Industries Ltd on Friday reported a consolidated net loss of Rs 92.22 crore for the fourth quarter ended March 2021.

The company had posted a net profit of Rs 103.39 crore in the January-March period a year ago, Godrej Industries said in a BSE filing.

Its revenue from operations stood at Rs 2,610.69 crore during the quarter. It was Rs 3,120.67 crore in the corresponding quarter last fiscal.

Total expenses were at Rs 2,813.80 crore.

Meanwhile, Godrej Industries said the results are not comparable with those of the previous period in view of acquisitions and changes in the company's / group's shareholdings during the period in some of the subsidiaries, joint ventures and associates.

For the fiscal year 2020-21, Godrej Industries' net profit was at Rs 390.92 crore. It was Rs 811.52 crore in the previous year.

Revenue from operations was Rs 9,333.51 crore in FY 2020-21.

Meanwhile, in a separate filing, Godrej Industries said its board on Friday approved the re-appointment of Tanya Dubash and Nitin Nabar as whole time directors.

It also approved the appointment of Pirojsha Godrej as an additional director (non - executive, non-independent), subject to the approval of shareholders.

Shares of Godrej Industries Ltd on Friday settled at Rs 564.45 on BSE, up 0.89 per cent from the previous close.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)