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Godrej Properties standalone net profit declines 76.59% in the December 2017 quarter

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Capital Market

Sales decline 56.00% to Rs 185.88 crore

Net profit of Godrej Properties declined 76.59% to Rs 20.15 crore in the quarter ended December 2017 as against Rs 86.06 crore during the previous quarter ended December 2016. Sales declined 56.00% to Rs 185.88 crore in the quarter ended December 2017 as against Rs 422.45 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales185.88422.45 -56 OPM %4.3626.61 -PBDT31.29129.22 -76 PBT27.49125.91 -78 NP20.1586.06 -77

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First Published: Feb 02 2018 | 4:21 PM IST

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