Godrej Housing Finance standalone net profit declines 10.57% in the March 2024 quarter

Image
Last Updated : May 03 2024 | 9:05 AM IST

Sales rise 48.35% to Rs 128.26 crore

Net profit of Godrej Housing Finance declined 10.57% to Rs 17.52 crore in the quarter ended March 2024 as against Rs 19.59 crore during the previous quarter ended March 2023. Sales rose 48.35% to Rs 128.26 crore in the quarter ended March 2024 as against Rs 86.46 crore during the previous quarter ended March 2023.

For the full year,net profit rose 110.73% to Rs 80.12 crore in the year ended March 2024 as against Rs 38.02 crore during the previous year ended March 2023. Sales rose 91.27% to Rs 464.06 crore in the year ended March 2024 as against Rs 242.62 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales128.2686.46 48 464.06242.62 91 OPM %84.0281.63 -85.0173.83 - PBDT20.7422.67 -9 93.0950.06 86 PBT17.5219.59 -11 80.1238.02 111 NP17.5219.59 -11 80.1238.02 111

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 03 2024 | 7:28 AM IST

Next Story