Godrej Properties posts highest-ever quarterly profit at ₹471 crore

May 03, 2024 02:25 PM IST

During the 2023-24 fiscal, the company’s net profit increased to ₹725.27 crore from ₹571.39 crore in the preceding year.

Realty firm Godrej Properties on Friday reported its highest-ever quarterly profit as earnings jumped 14 per cent annually to ₹471.26 crore in the March quarter, spurred by better income and strong housing sales.

1,914.82 crore in the fourth quarter of last fiscal from ₹1,838.82 crore in the corresponding period of the previous year, the company informed in a regulatory filing.” title=”Godrej Properties Q4: Total income rose to ₹1,914.82 crore in the fourth quarter of last fiscal from ₹1,838.82 crore in the corresponding period of the previous year, the company informed in a regulatory filing.”>

Godrej Properties Q4: Total income rose to ₹1,914.82 crore in the fourth quarter of last fiscal from ₹1,838.82 crore in the corresponding period of the previous year, the company informed in a regulatory filing.

Its net profit stood at ₹412.14 crore in the year-ago period.

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Total income rose to ₹1,914.82 crore in the fourth quarter of last fiscal from ₹1,838.82 crore in the corresponding period of the previous year, the company informed in a regulatory filing.

Read more: MRF Q4 results: Net profit drops 7.6% YoY to ₹379.6 crore; dividend declared

Godrej Properties highlighted that it achieved best-ever quarterly and annual sales.

The sales bookings more than doubled to ₹9,519 crore in the January-March quarter of 2023-24. Sales bookings grew 84 per cent annually to ₹22,527 crore last fiscal.

The company also posted the highest-ever annual project deliveries with projects aggregating to 12.5 million (125 lakh) square feet delivered in the last fiscal.

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During the 2023-24 fiscal, the company’s net profit increased to ₹725.27 crore from ₹571.39 crore in the preceding year.

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Read more: MRF Q4 results: Net profit drops 7.6% YoY to ₹379.6 crore; dividend declared

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Copyright 2024 - All Rights Reserved - Janashakti.News

Godrej Properties posts highest-ever quarterly profit at ₹471 crore

During the 2023-24 fiscal, the company’s net profit increased to ₹725.27 crore from ₹571.39 crore in the preceding year.

Read more: Nifty drops nearly 1%, India VIX jumps 12%: Why is Indian stock market volatile today

Read more: Raymond re-appoints Gautam Singhania as MD amid divorce dispute

Read more: MRF Q4 results: Net profit drops 7.6% YoY to ₹379.6 crore; dividend declared

Raymond re-appoints Gautam Singhania as MD amid divorce dispute

Adani Green Q4 results: Net profit down 39% at ₹310 crore

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