Godrej Properties has reported results for first quarter ended June 30, 2019.
The company has reported a net profit of Rs 130.00 crore for the quarter under review as against net loss of Rs 10.70 crore for the same quarter in the previous year. The company reported 4-fold jump in its total income at Rs 710.93 crore for Q1FY20 as compared Rs 177.32 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 89.87 crore for the quarter under review as compared to Rs 34.30 crore for the same quarter in the previous year. However, total income of the company decreased by 33.08% at Rs 713.84 crore for Q1FY20 as compared Rs 1,066.73 crore for the corresponding quarter previous year
