Godrej Properties standalone net profit rises 73.96% in the March 2018 quarter

Sales rise 19.46% to Rs 447.79 crore

Net profit of Godrej Properties rose 73.96% to Rs 122.19 crore in the quarter ended March 2018 as against Rs 70.24 crore during the previous quarter ended March 2017. Sales rose 19.46% to Rs 447.79 crore in the quarter ended March 2018 as against Rs 374.84 crore during the previous quarter ended March 2017.

For the full year,net profit rose 22.56% to Rs 240.85 crore in the year ended March 2018 as against Rs 196.51 crore during the previous year ended March 2017. Sales declined 4.29% to Rs 955.83 crore in the year ended March 2018 as against Rs 998.63 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales447.79374.84 19 955.83998.63 -4 OPM %6.8422.72 -9.0421.38 - PBDT197.1299.86 97 388.07279.26 39 PBT193.2396.21 101 373.54266.08 40 NP122.1970.24 74 240.85196.51 23

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