Top Stories
L&T Partners with PS Technology to Revolutionise Railways
6 mins read. August 2, 2024 at 12:45 PM
Jindal Saw Q1 FY24 PAT Rises 67% to Rs 441 Cr
4 mins read. August 2, 2024 at 12:41 PM
Pfizer Q1 FY25 PAT Zooms 61% to Rs 151 Cr
4 mins read. August 2, 2024 at 12:36 PM
Godrej Properties' Q1 performance let down the market, as the stock fell 2%
Aug 2, 2023
After the company announced a sequential fall in revenue and profit in the June quarter of the current financial year, Godrej Properties shares were down about 2% during the afternoon of August 2.
The company's quarterly net profit fell by 70% to Rs 125 crore, while its quarterly revenue fell by 32% to Rs 1,315 crore. The figures were outstanding, with profit increasing by 174% and revenue by 251% YoY.
With 2.25 million sq ft sold during the quarter, total bookings were at Rs 2,254 crore, down 11% YoY. As three new projects/phases were launched between April and June, sustenance sales increased by 19% YoY to Rs 1,816 crore.
With a total estimated saleable area of 3.7 million square feet and an anticipated booking value of Rs 6,450 crore, the company has added four additional projects.
Source: Media Reports
Related News
BLS's Q2FY24 Financial Performance Review
2 mins read. November 6, 2023 at 08:56 AM
Interglobe Aviation's Q2FY24 Financial Performance Review
2 mins read. November 3, 2023 at 11:31 AM
Titan's Q2FY24 Financial Performance Review
2 mins read. November 3, 2023 at 10:59 AM
Zomato's Q2FY24 Financial Performance Review
3 mins read. November 3, 2023 at 09:50 AM
Download app
Access BlinkX
everywhere
across device
