Try GOLD - Free
Godrej Properties profit jumps 21%, beats Street
Financial Express Ahmedabad
|November 07, 2025
GODREJ PROPERTIES POSTED a 21% year-on-year rise in net profit to ₹405 crore in the second quarter of FY26, beating analyst estimates. Sequentially, profit grew 33%.
The company had posted a profit of ₹335 crore in the year-ago period, and analysts estimated profit to rise to ₹349 crore in the second quarter of the current financial year.
However, the company missed analyst estimates on revenues by a wide margin and posted a revenue of ₹740 crore, down 32% from ₹1,093 crore in the year-ago period. Analysts expected a revenue of 1,223 crore. The company posted a negative Ebitda of ₹513 crore (excluding other income) compared to the Ebitda of ₹32 crore in Q2FY25.
This story is from the November 07, 2025 edition of Financial Express Ahmedabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Ahmedabad
Financial Express Ahmedabad
Time for India Inc to shake out of comfort zone: Uday Kotak
AS THE RUPEE slipped to an all-time low against the dollar on Wednesday, Founder and Director of Kotak Mahindra Bank Uday Kotak said it was time for Indian businesses to “shake out of comfort zone”.
1 min
December 04, 2025
Financial Express Ahmedabad
Sanchar Saathi pre-installation order revoked
Govt says spike in downloads hints at app gaining traction
1 min
December 04, 2025
Financial Express Ahmedabad
The ‘bot coolie’ trap
IT FIRMS MUSTAVOID REPLICATING THE LOW-COST IT SERVICES MODELIN THE AI SPACE
3 mins
December 04, 2025
Financial Express Ahmedabad
IIT K sets Day 1 placement record with 672 job offers
THE INDIAN INSTITUTE of Technology Kanpur (IIT K) kicked off its 2025-26 campus placement season with 672 job offers on the first day, a 16% increase over last year.
1 min
December 04, 2025
Financial Express Ahmedabad
NERVOUS NINETIES
RUPEE CRACKS BELOW 90 TO THE DOLLAR
1 min
December 04, 2025
Financial Express Ahmedabad
Govt taps thermal plants for room for more solar in grid
THE GOVERNMENT WANTS coal plants to invest in upgrades that would to allow them to work regularly ata lower capacity, creating space for a greater share of renewables in the power mix, according to people familiar with the matter.
1 min
December 04, 2025
Financial Express Ahmedabad
Revisiting citizen-centric saving models
Both the POSB and the EPFO are key to enhance our financial system’s ability to deliver value to the Indian citizen’s lives and manage their wealth
3 mins
December 04, 2025
Financial Express Ahmedabad
Sectors picked for higher exports to Russia
Agri, pharma & engg are natural fit for expansion, say officials
1 mins
December 04, 2025
Financial Express Ahmedabad
Meesho’s ₹5,421-cr IPO booked 2.35x on Day 1
THE INITIAL PUBLIC offering (IPO) of SoftBank-backed e-commerce firm Meesho received 2.35 times subscription on the first day of share sale on Wednesday, helped by across the board investors’ participation.The three-day IPO got bids for 65,40,18,165 shares against 27,79,38,446 shares on offer, as per NSE data.
1 min
December 04, 2025
Financial Express Ahmedabad
Minimising AI missteps
INDIA'S RAPID ADOPTION of AI spans advanced R&D, enterprises, and startups alike, transforming everything from automation to advanced data solutions. While organisations accelerate to integrate AI into their operations, it becomes critical to address the technology’s environmental footprint, which is a growing challenge that could undermine both sustainability ambitions and long-term business resilience. Here are five critical mistakes business and technology leaders in India should avoid when scaling AI responsibly:
2 mins
December 04, 2025
Listen
Translate
Change font size
