Godrej Properties has reported results for first quarter ended June 30, 2023 (Q1FY24).
The company has reported 13.64% fall in its net profit at Rs 121.34 crore for the quarter under review as compared to Rs 140.51 crore for the same quarter in the previous year. However, total income of the company increased by 29.19% at Rs 567.51 crore for Q1FY24 as compared Rs 439.29 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported over 3-fold jump in net profit at Rs 133.69 crore for the first quarter ended June 30, 2023 as compared to Rs 43.31 crore for the same quarter in the previous year. Total income of the company increased by 196.90% at Rs 1,265.98 crore for Q1FY24 as compared Rs 426.40 crore for the corresponding quarter previous year.
