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Godrej Properties reports 5% rise in Q3 consolidated net profit

29 Jan 2014 Evaluate

Godrej Properties has reported results for third quarter ended December 31, 2013.

The company has reported 33.96% fall in its net profit at Rs 18.35 crore for the quarter as compared to Rs 27.79 crore for the same quarter in the previous year. Total income from operations of the company decreased by 24.17% at Rs 74.76 crore for quarter under review, as compared to Rs 98.60 crore for the quarter ended December 31, 2012.

On the consolidated basis, the group has reported 5.32% rise in its net profit at Rs 37.36 crore for the quarter as compared to Rs 35.47 crore for the same quarter in the previous year. However, total income from operations of the company has decreased by 9.18% at Rs 241.95 crore for quarter under review as compared to Rs 266.41 crore for the quarter ended December 31, 2012.

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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