Don’t miss the latest developments in business and finance.

Godrej Properties achieves robust sales at Godrej Woods in Noida

Image
Capital Market
Last Updated : Mar 21 2022 | 10:04 AM IST

Godrej Properties announced that they have sold 855 homes worth Rs 1,650 crore within a year of the launch of their project, Godrej Woods in Noida in March 2021, which includes a sales of Rs 509 crore in March 2021 and Rs 1,141 crore in FY22 YTD.

This is the highest ever sales achieved by any Godrej Properties project within a year of its launch.

Godrej Properties entered the NCR Market in 2010 and has until now added 18 residential, commercial, and township projects across 5 cities with 7 projects having already been delivered and 11 in various stages of development.

Godrej Properties' consolidated net profit soared 171.4% to Rs 38.95 crore on a 63.5% surge in net sales to Rs 278.76 crore in Q3 FY22 over Q3 FY21.

Shares of Godrej Properties jumped 3.83% to close at Rs 1,526.75 on BSE on Wednesday, 16 March 2022. Godrej Properties is engaged in construction and real estate development.

Powered by Capital Market - Live News

Also Read

First Published: Mar 17 2022 | 8:58 AM IST

Next Story