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Godrej Properties Q2 profit soars 91% to Rs 44 cr

The realty firm net profit stood at Rs 23 cr in the year-ago period

Press Trust of India  |  New Delhi 

Godrej Properties
Godrej Properties

Realty firm today reported a 91 per cent jump in its consolidated net at Rs 44 crore for the to September.

Net stood at Rs 23 crore in the year-ago period, the company said in a filing to the BSE.

Total income increased to Rs 536.08 crore in the second of this fiscal, from Rs 359.04 crore in the same period of the previous year.

is the real estate arm of the Godrej Group. The Mumbai-based firm is developing 147 million sq ft in 12 cities.

The stock of was trading at Rs 724.05, up 0.09 per cent, on the BSE today.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

First Published: Fri, November 03 2017. 15:23 IST