Godrej Properties has reported results for second quarter ended September 30, 2016.
The company has reported a net profit of Rs 9.36 crore for the quarter under review as compared to a net loss of Rs 12.48 crore for the same quarter in the previous year. Total income of the company decreased by 24.76% at Rs 115.29 crore for the quarter under review as compared Rs 153.22 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported 77.40% fall in its net profit after minority interest at Rs 23.48 crore for the quarter ended September 30, 2016 as compared to Rs 103.91 crore for the same quarter in the previous year. Total Income of the company has decreased by 73.41% to Rs 359.04 crore for quarter under review from Rs 1350.03 crore for the quarter ended September 30, 2015.
