Godrej Properties Limited — Important, 27-11-2024: Updates

**Updates:**

Godrej Properties Limited's QIP Placement Committee has approved unaudited condensed consolidated interim financial statements for the six-month period ending September 30, 2024. The company reported a revenue from operations of ₹1,832.23 crore, up from ₹1,279.09 crore in the previous half-year. This period also saw other income of ₹1,213.79 crore, leading to a total income of ₹3,046.02 crore.

Total expenses for this period were reported at ₹4,391.73 crore, resulting in a profit before tax of ₹935.48 crore after accounting for share of profit loss in joint ventures. The consolidated profit for the period was ₹852.59 crore, reflecting significant growth compared to the previous year's ₹206.33 crore. Additionally, total equity attributable to shareholders increased, supporting a positive outlook as the company continues its expansion in the real estate sector. Investors should watch closely as these results indicate strong operational performance and growth potential.