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.”

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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.
yash@newsbarons.com