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Godrej Properties reports 21% rise in Q1 consolidated net profit

04 Aug 2015 Evaluate

Godrej Properties has reported results for first quarter ended June 30, 2015.

The company has reported 60.38% fall in its net profit at Rs 16.79 crore for the quarter ended June 30, 2015 as compared to Rs 42.38 crore for the same quarter in the previous year. The company’s total income has decreased by 35.44% to Rs 137.39 crore for the quarter under review from Rs 212.82 crore for the corresponding quarter of the previous year.

On the consolidated basis, the company has reported 20.63% rise in its net profit after minority interest of Rs 55.02 crore for the quarter ended June 30, 2015 as compared to Rs 45.61 crore for the same quarter in the previous year. However, total income of the company has decreased by 27.45% at Rs 263.32 crore for quarter under review as compared to Rs 362.93 crore for the quarter ended June 30, 2014.

Godrej Properties Share Price

1873.10 -5.75 (-0.31%)
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