Godrej Properties reports 4-fold jump in Q4 consolidated net profit
30th Apr 2019

Godrej Properties has reported results for the fourth quarter and year ended March 31, 2019. 

The company has reported around 6-fold jump in its net profit at Rs 188.47 crore for the quarter ended March 31, 2019 as compared to Rs 33.80 crore for the same quarter in the previous year. Total income of the company jump around 4-fold at Rs 1,128.26 crore for quarter under review as compared to Rs 321.59 crore for the quarter ended March 31, 2018.

On consolidated basis, the company has reported around 4-fold jump in its net profit at Rs 156.66 crore for the quarter ended March 31, 2019 as compared to Rs 42.28 crore for the corresponding quarter in the FY18. Total consolidated income of the company jump by 2-fold at Rs 1,203.21 crore for quarter under review as compared to Rs 553.09 crore for the same quarter ended previous year.

For the year ended March 31, 2019, the company has posted a rise of 99.31% in its net profit at Rs 209.35 crore as compared to Rs 105.04 crore for the previous year. Total income of company increased 80.38% at Rs 1,894.00 crore for year under review as compared to Rs 1,049.99 crore for year ended March 31, 2018.

For the year ended March 31, 2019, on the consolidated basis, the company has posted a jump around 3-fold in its net profit at Rs 253.15 crore as compared to Rs 86.91 crore for the previous year. Total income of company increased by 53.26% at Rs 3,221.98 crore for year under review as compared to Rs 2,102.36 crore for year ended March 31, 2018.