Godrej Properties Posts 21% Rise in Q1 Profit

New Delhi: Godrej Properties Ltd (GPL) on Tuesday reported a 20.63 per cent increase in consolidated net profit at Rs 55.02 crore for the quarter ended June 30, on account of lower cost of sales. The company had clocked a net profit of Rs 45.61 crore for the corresponding period a year ago. However, total income in the quarter under review came down to Rs 263.3 crore from Rs 362.9 crore in the year-ago period, GPL said in a filing ...