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Godrej Properties reports 11% rise in Q3 consolidated net profit

06 Feb 2024 Evaluate

Godrej Properties has reported results for third quarter ended December 31, 2023 (Q3FY24). 

The company has reported 20.34% fall in net profit at Rs 103.36 crore for the third quarter ended December 31, 2023 as compared to Rs 129.75 crore for the same quarter in the previous year. However, total income of the company increased by 5.85% at Rs 452.61 crore for Q3FY24 as compared Rs 427.60 crore for corresponding quarter of the previous year.

On consolidated basis, the company reported 11.21% rise in its net profit at Rs 62.72 crore for Q3FY24 as compared to Rs 56.40 crore for the same quarter in the previous year. Total income of the company increased by 35.53% at Rs 548.31 crore for Q3FY24 as compared Rs 404.58 crore for corresponding quarter of 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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