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Godrej Properties June quarter net...

Godrej Properties reported a consolidated net...

Godrej Properties June quarter net profit soars; delayed launches hit bookings

Godrej Properties reported a consolidated net profit of Rs 125 crore in the June quarter, up 174 per cent on year, while revenue from operations was up 3.8 times from year ago at Rs 936 crore.The profit-and-loss account looked good with 49 lakh sq ft of residences delivered, but bookings during the quarter fell 11 per cent on year and 44 per cent sequentially at Rs 2,254 crore, with some planned launches delayed. It registered 22.5 lakh sq ft sales in the reporting quarter, down a fifth on...

Godrej Properties June...

Godrej Properties reported a consolidated net profit of Rs 125 crore in the June quarter, up 174 per cent on year, while revenue...