Godrej Properties Q2 Net up 67.50% to Rs 32.58 crore

Godrej Properties Q2 Net up 67.50% to Rs 32.58 crore New Delhi: Godrej Properties on Thursday said its consolidated net profit after the minority interest rose by 67.50 percent to Rs 32.58 crore for the second quarter ended September 30, mainly on account of robust sales.

The company had posted a net profit after the minority interest of Rs 19.45 crore for the same quarter last year, Godrej Properties said in a filing to BSE.

Total consolidated income from operations rose to Rs 232.74 crore in the quarter from Rs 139.47 crore in the same period previous fiscal.

Established in 1990, Godrej Properties is a part of the diversified business conglomerate Godrej group. The company is developing landmark projects in 12 cities across the country.

Shares of Godrej Properties were trading at Rs 606.55 per scrip in the afternoon trade on BSE, up 4.52 percent from its previous close.

PTI