Godrej Properties reports standalone net loss of Rs 66.16 crore in the March 2021 quarter

Sales decline 50.35% to Rs 387.84 crore

Net loss of Godrej Properties reported to Rs 66.16 crore in the quarter ended March 2021 as against net profit of Rs 91.58 crore during the previous quarter ended March 2020. Sales declined 50.35% to Rs 387.84 crore in the quarter ended March 2021 as against Rs 781.12 crore during the previous quarter ended March 2020.

For the full year,net loss reported to Rs 42.81 crore in the year ended March 2021 as against net profit of Rs 384.16 crore during the previous year ended March 2020. Sales declined 72.65% to Rs 570.42 crore in the year ended March 2021 as against Rs 2085.36 crore during the previous year ended March 2020.

ParticularsQuarter EndedYear EndedMar. 2021Mar. 2020% Var.Mar. 2021Mar. 2020% Var.Sales387.84781.12 -50 570.422085.36 -73 OPM %-33.2710.47 --59.0518.46 - PBDT0.87167.90 -99 99.65638.72 -84 PBT-3.51163.31 PL 83.44622.05 -87 NP-66.1691.58 PL -42.81384.16 PL

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