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Godrej Properties posts over two-fold jump in profit at Rs 141.51 crore
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Godrej Properties posts over two-fold jump in profit at Rs 141.51 crore
May 4, 2018 4:11 AM

Realty firm Godrej Properties today reported over two-fold jump in its consolidated net profit at Rs 141.51 crore for the January-March quarter of last fiscal on higher sales.

Its net profit stood at Rs 62.59 crore in the year-ago period, the company said in a filing to the BSE.

Total income also rose sharply by 84% to Rs 848.56 crore from in the fourth quarter of the last fiscal from Rs 462.25 crore in the corresponding period of the previous year.

During the entire 2017-18 fiscal, the net profit increased by 14% to Rs 234.96 crore from Rs 206.8 crore in the previous year.

Total income increased by 41% to Rs 2,390.67 crore in the 2017-18 fiscal from Rs 1,701.38 crore in the previous year.

First Published:May 4, 2018 1:11 PM IST

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