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Godrej Properties rallies on reporting around three fold rise in Q3 consolidated net profit

02 Feb 2017 Evaluate

Godrej Properties is currently trading at Rs 373.00, up by 24.60 points or 7.06% from its previous closing of Rs 348.40 on the BSE.

The scrip opened at Rs 350.05 and has touched a high and low of Rs 388.80 and Rs 350.00 respectively. So far 184269 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs 388.80 on 02-Feb-2017 and a 52 week low of Rs 266.40 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs 388.80 and Rs 326.25 respectively. The current market cap of the company is Rs 8092.01 crore.

The promoters holding in the company stood at 74.91%, while Institutions and Non-Institutions held 11.58% and 13.50% respectively.

Godrej Properties has reported over three fold rise in its net profit at Rs 89.41 crore for the quarter ended December 31, 2016 as compared to Rs 26.11 crore for the same quarter in the previous year. Total income of the company increased by 44.64% at Rs 224.05 crore for the quarter under review as compared Rs 154.90 crore for the corresponding quarter previous year.     

On the consolidated basis, the company has reported around three fold rise in its net profit after minority interest at Rs 77.26 crore for the quarter ended December 31, 2016, as compared to Rs 27.06 crore for the same quarter in the previous year. Total income of the company increased by 95.61% at Rs 551.66 crore for the quarter under review as compared Rs 282.02 crore for the corresponding quarter previous year.

Godrej Properties Share Price

1740.55 35.10 (2.06%)
15-Apr-2026 16:59 View Price Chart
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