Godrej Properties Posts Highest-Ever Q Profit

(20 second reading) Realty firm Godrej Properties reported its highest-ever quarterly profit as earnings jumped 14 per cent annually to Rs 471.26 crore in the March quarter, spurred by better income and strong housing sales.
Total income rose to Rs 1,914.82 crore in the Q4 FY24 from Rs 1,838.82 crore in the corresponding period of the previous year.
During the 2023-24 fiscal, the company’s net profit increased to Rs 725.27 crore from Rs 571.39 crore in the preceding year.Total income rose to Rs 4,334.22 crore last fiscal year from Rs 3,039 crore in the 2022-23 financial year.