Godrej Properties’s consolidated net profit increases by 85.63%

19 Jan 2012

Godrej Properties has announced the results for the quarter ended December 31, 2011.

The company has posted 103.39% increase in consolidated net profit to Rs 26.95 crore for the quarter ended December 31, 2011 against Rs 13.25 crore for the corresponding period. The company’s net sales stood at Rs 99.84 crore, 277.60% up from Rs 26.44 crore in the year-ago period.

On consolidated basis group has reported 85.63% increase in consolidated net profit to Rs 28.81 crore for the quarter ended December 31, 2011 against Rs 15.52 crore for the corresponding period. The company’s net sales stood at Rs 143 crore, 196.86% up from Rs 48.17 crore in the year-ago period.

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