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Godrej Properties rises on reporting net profit of Rs 5.19 crore in Q3

28 Jan 2019 Evaluate

Godrej Properties is currently trading at Rs. 746.40, up by 0.80 points or 0.11% from its previous closing of Rs. 745.60 on the BSE.

The scrip opened at Rs. 742.25 and has touched a high and low of Rs. 763.50 and Rs. 725.00 respectively. So far 33024 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 917.00 on 08-May-2018 and a 52 week low of Rs. 462.00 on 10-Oct-2018.

Last one week high and low of the scrip stood at Rs. 754.00 and Rs. 710.30 respectively. The current market cap of the company is Rs. 17137.23 crore.

The promoters holding in the company stood at 70.83%. while Institutions and Non-Institutions held 15.15% and 14.02% respectively.

Godrej Properties has reported net profit of Rs 5.19 crore for the quarter ended December 31, 2018 under review against net loss of Rs 7.42 crore for the same quarter in the previous year. Total income of the company increased by 70.68% at Rs 289.60 crore for Q3FY19 as compared Rs 169.67 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net profit of Rs 41.63 crore for the quarter under review against net loss of Rs 54.75 crore for the same quarter in the previous year. Total income of the company increased by 39.71% at Rs 430.70 crore for Q3FY19 as compared Rs 308.29 crore for the corresponding quarter previous year.

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