Godrej Properties Limited — Results, 04-02-2025: Integrated Filing- Financial
04-02-2025 | 04:43 pm
04-02-2025 | 04:43 pm
Godrej Properties Limited has announced a board meeting to review its financial results for the quarter and half-year ending December 31, 2024. In this period, the company reported total income of ₹2,800.28 crore, up from ₹1,519.39 crore a year earlier, aided by significant contributions from other income, which increased to ₹1,762.35 crore. Despite this, expenses soared to ₹1,896.86 crore, leading to a profit after tax of ₹732.47 crore. The successful Qualified Institutional Placement raised ₹6,000 crore, providing a robust cash influx for ongoing projects. This position may enhance investor sentiment, presenting a positive outlook driven by strengthened financial metrics and strategic growth opportunities.
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