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Godrej Properties Ltd Q1FY24; 212% rise in Profits

Godrej Properties Limited (GPL) is the real estate development arm of the Godrej Group, which was started in 1897 and is today one of India’s most successful conglomerates. Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the real estate industry.

Financial Results:

  • Godrej Properties Ltd reported Revenues for Q1FY24 of ₹936.00 Crores up from ₹245.00 Crore year on year, a rise of 282.04%.
  • Total Expenses for Q1FY24 of ₹1,122.00 Crores up from ₹349.00 Crores year on year, a rise of 221.49%.
  • Consolidated Net Profit of ₹134.00 Crores up 211.63% from ₹43.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹4.49, up 173.78% from ₹1.64 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: Real Estate
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