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Godrej Properties reports 9% rise in Q3 consolidated net profit

03 Feb 2020 Evaluate

Godrej Properties has reported results for third quarter ended December 31, 2019.

The company has reported over 13-fold jump in its net profit at Rs 69.67 crore for the quarter under review as compared to Rs 5.19 crore for the same quarter in the previous year. Total income of the company increased by 46.31% at Rs 423.72 crore for Q3FY20 as compared Rs 289.60 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 9.20% in its net profit attributable to equity holders at Rs 45.46 crore for the quarter under review as compared to Rs 41.63 crore for the same quarter in the previous year. Total income of the company increased by 20.15% at Rs 517.47 crore for Q3FY20 as compared Rs 430.70 crore for the corresponding quarter previous year.

Peers
Company Name CMP
Lodha Developers 1085.80
Prestige EstatesProj 1427.85
Dilip Buildcon 405.85
DLF 623.00
Oberoi Realty 1710.20
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