Realty developer Godrej Properties (NSE: GODREJPROP) reported its second-quarter 2022 results today.
The company had net consolidated revenue of ₹334 crores at a growth of 33% year on year.
Godrej Properties had a net profit of ₹35.57 crores or ₹1.28 per share compared to ₹7.10 crores or ₹0.28 per share of the same quarter in the previous year.
“After a weak first quarter, the real estate sector has rebounded strongly in the second quarter. Godrej Properties recorded one of its best-ever quarters for bookings with a strong response to new launches across India. We have a robust launch pipeline in the second half of the financial year and expect to build on the current momentum,” said Pirojsha Godrej, Executive Chairman, Godrej Properties.
