Godrej Properties Q1 Results: Booking Value Slumps, Profit Misses Estimates As Second Wave Hurts Demand

The real estate developer’s total booking value slumped 81% sequentially to Rs 497 crore in the April-June period.

Published On

03 Aug 2021, 04:21 PM IST

Last Updated On

03 Aug 2021, 04:21 PM IST

People play cricket near a Godrej Properties Ltd. residential housing complex in the Chembur suburb of Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Godrej Properties Ltd.’s booking value fell and profit missed estimates in the pandemic-marred first quarter of the ongoing fiscal.

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Godrej Properties Q1 Results: Booking Value Slumps, Profit Misses Estimates As Second Wave Hurts Demand

The real estate developer’s total booking value slumped 81% sequentially to Rs 497 crore in the April-June period.

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