Godrej Properties consolidated net profit rises 14.34% in the March 2024 quarter

Sales decline 13.37% to Rs 1426.09 crore

Net profit of Godrej Properties rose 14.34% to Rs 471.26 crore in the quarter ended March 2024 as against Rs 412.14 crore during the previous quarter ended March 2023. Sales declined 13.37% to Rs 1426.09 crore in the quarter ended March 2024 as against Rs 1646.27 crore during the previous quarter ended March 2023.

For the full year,net profit rose 26.93% to Rs 725.27 crore in the year ended March 2024 as against Rs 571.39 crore during the previous year ended March 2023. Sales rose 34.78% to Rs 3035.62 crore in the year ended March 2024 as against Rs 2252.26 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales1426.091646.27 -13 3035.622252.26 35 OPM %8.6121.02 --4.279.19 - PBDT617.07576.31 7 1044.55819.41 27 PBT600.99569.73 5 999.99795.27 26 NP471.26412.14 14 725.27571.39 27

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