Godrej Properties Limited — Board Meeting, 02-05-2025: Outcome of Board Meeting
02-05-2025 | 12:28 pm
02-05-2025 | 12:28 pm
Godrej Properties has announced a board meeting to approve the financial results for the quarter and half-year. Consolidated revenue surged to INR 4,922.84 Cr with profit after tax at INR 1,399.89 Cr, driven by better operating and net margins (~4.85% and ~20.29% respectively). The company raised INR 6,000 Cr through QIP this year, boosting its balance sheet. Debt-equity improved to 0.73 (gross), reflecting disciplined capital management amid ongoing real estate growth. No dividend was declared.
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