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Godrej Properties reports 65.41 pct decline in consolidated net profit

Its net profit stood at Rs 99.17 crore in the year-ago period.


PTI Last Updated at 02 Aug 2018, 13:08 IST India
Godrej Properties reports 65.41 pct decline in consolidated net profit
  • Its net profit stood at Rs 99.17 crore in the year-ago period. (Image Credit: Twitter)

Realty firm Godrej Properties today reported a 65.41 percent decline in consolidated net profit to Rs 34.3 crore for the quarter ended June 30, 2018.

Its net profit stood at Rs 99.17 crore in the year-ago period.

Total income, however, rose 18.96 percent to Rs 1,066.73 crore in the first quarter of this fiscal from Rs 896.71 crore in the corresponding period of the previous year, Godrej Properties said in a regulatory filing.

Shares of the Mumbai-based company were trading 2.85 percent lower at Rs 721.95 on BSE.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


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