Godrej Properties reports consolidated net loss of Rs 191.62 crore in the March 2021 quarter

Sales decline 62.80% to Rs 432.64 crore

Net loss of Godrej Properties reported to Rs 191.62 crore in the quarter ended March 2021 as against net profit of Rs 102.39 crore during the previous quarter ended March 2020. Sales declined 62.80% to Rs 432.64 crore in the quarter ended March 2021 as against Rs 1163.05 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 189.43 crore in the year ended March 2021 as against net profit of Rs 270.52 crore during the previous year ended March 2020. Sales declined 68.67% to Rs 764.92 crore in the year ended March 2021 as against Rs 2441.42 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales432.641163.05 -63 764.922441.42 -69 OPM %-51.4010.99 --58.7610.66 - PBDT-119.68197.32 PL -66.12513.41 PL PBT-124.93191.75 PL -85.66492.89 PL NP-191.62102.39 PL -189.43270.52 PL

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