Godrej Properties has reported results for first quarter ended June 30, 2016.
The company has registered 131.35% rise in its net profit at Rs 45.83 crore for the quarter as compared to Rs 19.81 crore for the same quarter in the previous year. Total income of the company increased by 29.27% at Rs 178.47 crore for quarter under review as compared to Rs 138.06 crore for the quarter ended June 30, 2015.
On the consolidated basis, the company has reported 9.19% rise in its net profit after taxes, non-controlling Interest and share of loss of Joint Venture at Rs 43.48 crore for the quarter ended June 30, 2016, as compared to Rs 39.82 crore for the same quarter in the previous year. Total Income of the company increased by 44.52% to Rs 332.81 crore for quarter under review from Rs 230.29 crore for the quarter ended June 30, 2015.
