Godrej Properties Limited Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023
November 02, 2023 at 03:23 am EDT
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Godrej Properties Limited reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported sales was INR 3,430 million compared to INR 1,650.9 million a year ago. Revenue was INR 6,051.1 million compared to INR 3,692 million a year ago. Net income was INR 666 million compared to INR 549.6 million a year ago. Basic earnings per share from continuing operations was INR 2.4 compared to INR 1.98 a year ago. Diluted earnings per share from continuing operations was INR 2.4 compared to INR 1.98 a year ago.
For the six months, sales was INR 12,790.9 million compared to INR 4,097.6 million a year ago. Revenue was INR 18,710.9 million compared to INR 7,956 million a year ago. Net income was INR 1,917.4 million compared to INR 1,005.1 million a year ago. Basic earnings per share from continuing operations was INR 6.9 compared to INR 3.62 a year ago. Diluted earnings per share from continuing operations was INR 6.9 compared to INR 3.62 a year ago.
Godrej Properties Limited is an India-based company that is engaged in the business of real estate construction, development and other related activities. The Company operates through the development of the real estate property segment. It operates through the Godrej brand. Its projects include Godrej Avenues, Godrej Reserve, Godrej Icon, Godrej Air - Phase 1, Godrej 101, Godrej United, Godrej Platinum and Godrej Two. The Company has its presence in Mumbai Metropolitan Region (MMR), National Capital Region, Pune, Bangalore, Kolkata, Ahmedabad, Nagpur, Chennai, Hyderabad and Chandigarh. The Company holds 12.5 acres of land in the southern cityâs Rajendra Nagar locality, Hyderabad. It also owns three-acres of land in Kokapet, Hyderabad. Its subsidiaries include Godrej Realty Private Limited, Godrej Garden City Properties Private Limited, Godrej Prakriti Facilities Private Limited, Godrej Genesis Facilities Management Private Limited, and Godrej Hillside Properties Private Limited.
GODREJ PROPERTIES LIMITED 
