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Godrej Properties reports 5-fold jump in Q2 consolidated net profit

02 Nov 2021 Evaluate

Godrej Properties has reported results for second quarter ended September 30, 2021.

The company has reported above 8-fold jump in its net profit at Rs 89.25 crore for the quarter under review as compared to Rs 10.92 crore for the same quarter in the previous year. Total income of the company increased by 48.76% at Rs 340.28 crore for Q2FY22 as compared Rs 228.75 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 5-fold jump in its net profit at Rs 35.72 crore for the quarter under review as compared to Rs 7.10 crore for the same quarter in the previous year. Total income of the company increased by 33.57% at Rs 334.22 crore for Q2FY22 as compared Rs 250.23 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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