Godrej Properties has reported results for first quarter ended June 30, 2017.
The company has reported 42.58% jump in its net profit at Rs 55.42 crore for the quarter under review as compared to Rs 38.87 crore for the same quarter in the previous year. The total income of the company increased by 27.07% at Rs 227.27 crore for Q1FY18 as compared Rs 178.86 crore for the corresponding quarter previous year.
On consolidate basis, the company has reported 46.24% fall in its net profit at Rs 23.37 crore for the quarter ended June 30, 2017 as compared to Rs 43.47 crore for the corresponding quarter in the FY17. However, total consolidated income of the company increased by 3.67% at Rs 345.03 crore for quarter under review as compared to Rs 332.82 crore for the same quarter in the previous year.