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Godrej Properties net profit rises

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Godrej Properties on Tuesday reported a 9.19 per cent increase in a consolidated net profit of Rs 43.48 crore for the quarter ended June. Total income for April-June period stood at Rs 332.81 crore as against Rs 230.28 crore a year-ago, registering a growth of 44.52 per cent. “After a good performance in FY2015-16, we have made a steady beginning in the first quarter of this fiscal. We expect to significantly ramp up sales in the months ahead,” said Pirojsha Godrej, Managing Director, Godrej.

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