Mumbai, July, 23 (EPC News): Godrej Properties marks a 55% drop in its net profit with the quarter-end results touching Rs10 crore as against Rs22 crore logged in the same period last year. However, the company’s income marked a 84% increase to Rs135 crore from Rs73 crore, whereas the booking value grew by 77% to Rs232 crore.

“Our Ahmedabad township project, Godrej Garden City, has continued to receive an excellent response with over 0.24 million sq.ft of sales during the quarter, which brings the total sold units in the project to 3.3 million sq.ft. We expect to see similar traction for the recently launched towers of the third phase of this project,” says Godrej Properties Chairman Adi Godrej.

EPC News Bureau

Posted by: epcworld | Posted on:7/23/2011 at 8:20 AM