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Godrej Properties saw a forty-two percent profit drop in the June quarter. Total income also decreased compared to the previous year's corresponding period. However, sales bookings increased by twenty-two percent to over eight thousand six hundred crore. The company sold three thousand seven hundred thirty-eight units during the quarter. Executive Chairperson Pirojsha Godrej expressed confidenc….
Godrej Properties Q1 Results: Profit falls 42% to Rs 349 crore, sales bookings rise 22%
Impact Score
Market Sentiment
→NeutralPrimary Sectors
Godrej Properties saw a forty-two percent profit drop in the June quarter. Total income also decreased compared to the previous year's corresponding period. However, sales bookings increased by twenty-two percent to over eight thousand six hundred crore. The company sold three thousand seven hundred thirty-eight units during the quarter. Executive Chairperson Pirojsha Godrej expressed confidenc…
Key Highlights
Godrej Properties saw a forty-two percent profit drop in the June quarter.
Total income also decreased compared to the previous year's corresponding period.
However, sales bookings increased by twenty-two percent to over eight thousand six hundred crore.
Source
Economic Times
Published
3h ago
Impact Score
75 / 100
Category
Corporate Earnings
Moderate near-term volatility expected while markets assess implications for Corporate Earnings.
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