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Godrej Properties reports 45% rise in Q3 consolidated net profit

02 Feb 2023 Evaluate

Godrej Properties has reported results for third quarter ended December 31, 2022.

The company has reported rise of 3.39% in its net profit at Rs 129.75 crore for Q3FY23 as compared to Rs 125.50 crore for the corresponding quarter previous year. However, total income of the company decreased by 8.31% to Rs 427.60 crore for the quarter under review as compared to Rs 466.33 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 44.54% in its net profit at Rs 56.40 crore for Q3FY23 as compared to Rs 39.02 crore for the same quarter in the previous year. However, total income of the company decreased by 13.35% to Rs 404.58 crore for the quarter under review as compared to Rs 466.91 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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