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Godrej Properties reports 75% rise in Q4 consolidated net profit

03 May 2023 Evaluate

Godrej Properties has reported results for fourth quarter (Q4) and year ended March 31, 2023.

Godrej Properties has reported 4.52% rise in its net profit at Rs 266.52 crore for the quarter under review as compared to Rs 255.00 crore for the same quarter in the previous year. However, total income of the company decreased by 9.75% at Rs 843.83 crore for Q4FY23 as compared to Rs 1302.23 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 75.48% rise in its net profit at Rs 453.87 crore for fourth quarter ended March 31, 2023 as compared to Rs 258.65 crore for the same quarter in the previous year. Total income of the company increased by 20.77% at Rs 1838.82 crore for Q4FY23 as compared to Rs 1522.57 crore for the corresponding quarter previous year.

For the year ended March 31, 2023, the company has reported 24.66% rise in its net profit at Rs 655.67 crore as compared to Rs 525.98 crore for the previous year. However, total income of the company decreased by 9.94% at Rs 2100.05 crore for year under review as compared to Rs 2331.93 crore for year ended March 31, 2022.

For the year ended March 31, 2023, on the consolidated basis, the company has reported 77.04% rise in its net profit at Rs 620.60 crore as compared to Rs 350.55 crore for the previous year. Total income of the company increased by 17.53% at Rs 3039.00 crore for year under review as compared to Rs 2585.69 crore for year ended March 31, 2022.

Godrej Properties Share Price

1863.30 53.80 (2.97%)
06-May-2026 15:01 View Price Chart
Peers
Company Name CMP
Lodha Developers 948.05
Dilip Buildcon 481.00
DLF 608.15
Oberoi Realty 1671.20
Ahluwalia Contract(I 852.60
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