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Godrej Properties reports 88% rise in Q2 consolidated net profit

09 Nov 2022 Evaluate

Godrej Properties reported results for second quarter ended September 30, 2022.

The company has reported rise of 33.28% in its net profit at Rs 118.89 crore for Q2FY23 as compared to Rs 89.20 crore for the corresponding quarter previous year. Total income of the company increased by 15.68% to Rs 389.33 crore for the quarter under review as compared to Rs 336.55 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 87.60% in its net profit at Rs 67.03 crore for the quarter under review as compared to Rs 35.73 crore for the same quarter in the previous year. Total income of the company increased by 10.47% to Rs 369.20 crore for the quarter under review as compared to Rs 334.22 crore for the same quarter in the 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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