G. G. Dandekar Properties Ltd — Results, 09-08-2025: Result

G. G. Dandekar Properties has approved its financial results for the quarter ended June 30, 2025. The company reported a net profit of ₹2.51 Cr for the standalone quarter and ₹2.52 Cr consolidated. This strong performance was boosted by an exceptional gain of ₹4.01 Cr from the sale of freehold land in Bhiwandi. The company's total outstanding loans are ₹4.03 Cr, with no defaults. During the quarter, the company decided to convert its preference shares in associate company Navasasyam Dandekar Private Limited into equity, maintaining its 49% stake. The company also opted out of NDPL's rights issue.