02-02-2023 03:35 PM | Source: Accord Fintech
Godrej Properties inches up on reporting 45% rise in Q3 consolidated net profit
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Godrej Properties is currently trading at Rs. 1156.00, up by 0.65 points or 0.06% from its previous closing of Rs. 1155.35 on the BSE.

The scrip opened at Rs. 1155.35 and has touched a high and low of Rs. 1169.85 and Rs. 1128.45 respectively. So far 33522 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 1791.85 on 03-Feb-2022 and a 52 week low of Rs. 1,128.45 on 2-Feb-2023.

Last one week high and low of the scrip stood at Rs. 1206.05 and Rs. 1,128.45 respectively. The current market cap of the company is Rs. 32129.49 crore.

The promoters holding in the company stood at 58.48%, while Institutions and Non-Institutions held 31.96% and 9.55% respectively.

Godrej Properties has reported results for third quarter ended December 31, 2022.

The company has reported rise of 3.39% in its net profit at Rs 129.75 crore for Q3FY23 as compared to Rs 125.50 crore for the corresponding quarter previous year. However, total income of the company decreased by 8.31% to Rs 427.60 crore for the quarter under review as compared to Rs 466.33 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported rise of 44.54% in its net profit at Rs 56.40 crore for Q3FY23 as compared to Rs 39.02 crore for the same quarter in the previous year. However, total income of the company decreased by 13.35% to Rs 404.58 crore for the quarter under review as compared to Rs 466.91 crore for the same quarter in the previous year.