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Godrej Properties reports over 2-fold jump in Q1 consolidated net profit
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Godrej Properties has reported results for first quarter ended June 30, 2022.
The company has reported over 2-fold jump in its net profit at Rs 140.51 crore for the quarter under review as compared to Rs 56.65 crore for the same quarter in the previous year. Total income of the company increased by 93.67% at Rs 439.29 crore for Q1FY23 as compared Rs 226.82 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 43.30 crore for the quarter under review as compared to Rs 17.03 crore for the same quarter in the previous year. Total income of the company increased by 62.75% at Rs 426.40 crore for Q1FY23 as compared Rs 261.99 crore for the corresponding quarter previous year.
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Sell Godrej Properties Ltd For Target Rs.1,318 - ICICI Securities
