Godrej Properties jumps on reporting 85.63% increase in consolidated net profit

20 Jan 2012

Godrej Properties is currently trading at Rs. 663.95, up by 12.60 points or 1.93% from its previous closing of Rs. 651.35 on the BSE.

The scrip opened at Rs. 658.00 and has touched a high and low of Rs. 667.90 and Rs. 653.25 respectively. So far 2883 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 845.00 on 12-Jul-2011 and a 52 week low of Rs. 545.05 on 02-Feb-2011.

Last one week high and low of the scrip stood at Rs. 675.90 and Rs. 623.45 respectively. The current market cap of the company is Rs. 4610.10 crore.

The promoters holding in the company stood at 83.79% while Institutions and Non-Institutions held 7.38% and 8.83% respectively. 

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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919.65 -10.45 (-1.12%) Dec 13, 18:01
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Puchho Befikar
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