Godrej Properties Sees a Profit Surge Amid Revenue Drop
Godrej Properties Ltd announced a 15% rise in net profit to Rs 598.40 crore for Q1 of the current fiscal, despite a decrease in total income to Rs 1,620.34 crore. The company remains a leading real estate developer in India, with significant profits reported last fiscal.
- Country:
- India
Godrej Properties Ltd, a prominent name in India's real estate sector, has reported a notable 15 percent rise in its consolidated net profit, reaching Rs 598.40 crore for the first quarter of this financial year.
Despite last year's net profit of Rs 518.8 crore, the firm saw a decline in total income, which fell to Rs 1,620.34 crore during the April-June 2025-26 period from Rs 1,699.48 crore in the same period last year, as per a regulatory filing.
Nevertheless, Mumbai-based Godrej Properties remains a top player in the industry, having posted a net profit of Rs 1,389.23 crore on a total income of Rs 6,967.05 crore for the entire fiscal year.
(With inputs from agencies.)
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