Godrej Properties Limited (NSE: GRODREJPROP) is one of the leading real estate developers in India, headquartered in Mumbai. The company is a subsidiary of the Godrej Group, which was founded in 1897 and is one of the oldest and most trusted business conglomerates in India.
Godrej Properties was established in 1990 and has since then become one of the fastest-growing real estate companies in the country. The company has a diverse portfolio of residential, commercial, and township projects across 12 cities in India. Revenue for the third quarter of FY23 were ₹196.23 crore, a 30% drop from the ₹278.76 crore earned during the same quarter last year. However, the Other Income increased by 11% up to ₹208.35 Crore from the previous year. The Consolidated Net Profit was ₹56.4 crore, up 45% from ₹39.02 crore in the same quarter last year. This quarter’s earnings per share was ₹2.11.