The company had posted a net profit of Rs 28.62 crore in the corresponding period previous year, Godrej Properties said in a filing to the BSE.
The consolidated total income during the third quarter also went up by 77.86% to Rs 266.41 crore from Rs 149.79 crore in the year-ago period, it added.
Shares of the company were trading 0.35% up at Rs 625 apiece on BSE during afternoon.