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Godrej Properties reports 10% rise in Q3 consolidated net profit

02 Feb 2016 Evaluate

Godrej Properties has reported results for third quarter ended December 31, 2015. 

The company has reported 22.12% fall in its net profit at Rs 24.30 crore for the quarter ended December 31, 2015 as compared to Rs 31.20 crore for the same quarter in the previous year. The company’s total income has decreased by 1.48% to Rs 156.82 crore for the quarter under review from Rs 159.18 crore for the corresponding quarter of the previous year.  

On the consolidated basis, the company has reported 10.06% rise in its net profit after minority interest at Rs 51.99 crore for the quarter ended December 31, 2015 as compared to Rs 47.24 crore for the same quarter in the previous year. However, total income of the company has decreased by 16.40% at Rs 450.29 crore for quarter under review as compared to Rs 538.64 crore for the quarter ended December 31, 2014.      

Peers
Company Name CMP
Lodha Developers 1085.80
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Dilip Buildcon 405.85
DLF 623.00
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