Real Estate

Godrej Properties net dives 66%

Our Bureau Mumbai | Updated on February 02, 2018

Realty firm Godrej Properties today reported 66 per cent decline in its net profit at ₹25.94 crore for the third quarter ended December 2017 against ₹77.24 crore in the same period a year ago. Total income increased by 22 per cent to ₹674.31 crore from ₹551.66 crore in the corresponding period of the previous year.

 “We registered another strong operational quarter with sales of more than ₹1,200 crore and net operating cashflow in excess of ₹300 crore. Our booking value has increased by 140 per cent and we look forward to building on this momentum in 2018,” said Pirojsha Godrej, Executive Chairman.

Published on February 02, 2018

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