Godrej Properties net profit declines 33.96% in the December 2013 quarter

Sales decline 34.01% to Rs 42.47 crore

Net profit of Godrej Properties declined 33.96% to Rs 18.36 crore in the quarter ended December 2013 as against Rs 27.80 crore during the previous quarter ended December 2012. Sales declined 34.01% to Rs 42.47 crore in the quarter ended December 2013 as against Rs 64.36 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales42.4764.36 -34 OPM %48.6550.85 -PBDT19.8032.85 -40 PBT18.5031.96 -42 NP18.3627.80 -34

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