GODREJ PROPERTIES Q4FY24 RESULTS: PROFIT RISES 14% TO RS 471.26 CRORE
The Business Guardian|May 04, 2024
Godrej Properties’ net profit surged in FY 2023-24, reaching Rs 725.27 crore compared to Rs 571.39 crore the prior year.
GODREJ PROPERTIES Q4FY24 RESULTS: PROFIT RISES 14% TO RS 471.26 CRORE

In a testament to its robust performance, Godrej Properties, a prominent performance, Godrej Properties, a prominent real estate developer in India and a subsidiary of the renowned business conglomerate Godrej Group, has announced its highest-ever quarterly profit for the March quarter, marking a substantial 14% increase in earnings compared to the previous year. The company’s net profit surged to an impressive Rs 471.26 crore, up from Rs 412.14 crore in the corresponding period last year.

Total income for the fourth quarter of the last fiscal also witnessed a notable uptick, reaching Rs 1,914.82 crore, compared to Rs 1,838.82 crore in the same period a year ago. Over the entire fiscal year of 2023-24, Godrej Properties witnessed a significant rise in net profit, soaring to Rs 725.27 crore from Rs 571.39 crore in the preceding year.

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