India's Godrej Properties posts rise in Q3 profit on sturdy residential demand
Upstox
1 min read • Updated: February 6, 2024, 5:05 PM
Summary
Godrej Properties reports 6% YoY rise in net profit
Godrej Properties net profit stood at ₹62.27 crore, up 6.0% YoY for the quarter ended 31 December 2023. Meanwhile, its revenue from operations rose 68% YoY to ₹330 crore. Meanwhile, the company’s share traded 1.1% lower after the result announcement.
The company said booking value is up 76% YoY & 14% QoQ at ₹5,720 crore, while collections up 43% YoY & up QoQ at ₹2,411 crore.