Godrej Properties has reported results for first quarter ended June 30, 2018.
The company has reported a net loss of Rs 10.70 crore for the quarter under review as compared to a net profit of Rs 59.30 crore for the same quarter in the previous year. Total income of the company decreased by 39.05% at Rs 177.32 crore for Q1FY19 as compared Rs 290.95 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 65.41% in its net profit of Rs 34.30 crore for the quarter under review as compared to Rs 99.17 crore for the same quarter in the previous year. However, total income of the company increased by 18.96% at Rs 1,066.73 crore for Q1FY19 as compared Rs 896.71 crore for the corresponding quarter previous year.
