INSUBCONTINENT EXCLUSIVE:
Godrej Properties' combined net profit for September quarter saw a big 400 percent riseGodrej Residence' combined net revenue for September
quarter of current fiscal stood at Rs 35.7 crore, up by a big 400 percent from Rs 7.10 crore earnings tape-recorded by it in the matching
period of last year.The realty firm's operations grew by 44.4 percent to Rs 129.32 crore in July-September quarter of 2021-22 over the
corresponding period of in 2015
Overall Earnings stood at Rs 290 crore in the September quarter of existing financial, increasing 21.8 percent year on year compared to Rs
238 crore in the matching period of last year.EBITDA for September quarter stood at Rs 105 crore, which was 36 percent greater than Rs 77
crore taped in the matching period of last year
On the operational front, overall booking value in duration under analysis stood at Rs 2,574 crore as compared to Rs 1,074 crore in the
corresponding period of last year
Total scheduling volume stood at 3.61 million square feet in 2nd quarter of present fiscal as compared to 1.73 million square feet in
corresponding period of last year.Reacting on the company's efficiency, Pirojsha Godrej, executive chairman of Godrej Residences stated,
After a weak first quarter, the realty sector has rebounded highly in the 2nd quarter
Godrej Characteristic tape-recorded one of its best ever quarters for reservations with a strong response to brand-new launches across India
We have a robust launch pipeline in the 2nd half of the fiscal year and anticipate to build on the existing momentum
