Godrej Properties reports 90% jump in Q2 net profit

Godrej Properties Ltd. | Construction - Real Estate | Construction & Infrastructure | BSE: 533150 | NSE: GODREJPROP

01 Nov 2012 Evaluate

Godrej Properties has reported results for second quarter ended September 30, 2012.

The company has reported 89.59% rise in its net profit at Rs 31.34 crore for the quarter ended September 30, 2012 as compared to Rs 16.53 crore for the same quarter in the previous year. However, total income from operation of the company has decreased by 5.13% at Rs 95.78 crore for quarter under review as compared to Rs 100.96 crore for the quarter ended September 30, 2011.

Godrej Properties is a realty firm of Godrej group, promoted by Godrej Industries and Godrej & Boyce Manufacturing Company. It is one of the leading real estate development companies in India based in Mumbai, Maharashtra.

Peers

Company Name	CMP
Lodha Developers	1085.80
Prestige EstatesProj	1427.85
Dilip Buildcon	405.00
DLF	623.00
Oberoi Realty	1710.20
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