Godrej Properties Limited achieved a consolidated net profit of INR 72.64 crore in Q2FY24, marking an 8.36% YoY increase. The company witnessed a substantial growth in revenue from operations, reaching INR 343 crore, reflecting a remarkable 107.76% surge compared to the same period last year. However, on a quarter-on-quarter basis, the revenue experienced a decline of 63.35%. The total income for Q2FY24 was reported at INR 605.11 crore, showing a YoY increase of 63.89%, although it registered a QoQ decrease of 52.20%. The stock traded at INR 1,701.50 during the reported period.
Godrej Properties Reports Q2FY24 Net Profit of Rs 72.64 Crore, Revenue Surges 107%
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