Godrej Properties Q2 net profit jumps 89%

Godrej properties


Godrej Properties Limited posted 89% rise in net profit for the second quarter ended September 30, 2017 to Rs 44 crore from Rs. 23 crore.

Total Income increased by 45% to Rs. 532 crore from Rs. 368 crore.

Pirojsha Godrej, Executive Chairman, Godrej Properties Limited, said:“We registered another strong operational quarter with both sales and business development at record levels. We hope to further build on this momentum in the second half of the year.”

Yash Ved
Yash Ved is a Senior Correspondent at NewsBarons and comes with a decade of experience across leading online and offline publications. A keen observer of the stock index movement, Yash also likes covering Real Estate and the BFSI sector. A financial management and Journalism student, Yash believes learning as a continuous journey and enjoys following the IT and the Pharmaceutical industry and has penned many articles on the subjects.