Godrej Properties Q1 Net up 9% at Rs 43 crore


MUMBAI: Realty engineer Godrej PropertiesBSE 1.73 % has reported 9% on-year development in combined net benefit at Rs 43 crore for the quarter finished June. Absolute salary, on combined premise, likewise climbed 45% from a year prior to Rs 333 crore, the organization said in its income discharge.

Apollo Tires Q1 net up 10.63% at Rs 315 crore

The realty advancement arm of Godrej gathering reported 9% expansion in income before interest, duty, devaluation and amortization.

Amid the quarter, the organization recorded private bookings worth Rs 312 crore with booking volume of 592,715 sq ft. The organization had reported booking estimation of Rs 1,251 crore amid the year back period.

"I am satisfied to report that we have accomplished two or three vital developments in Q1 FY17. Our task Godrej BKC got its inhabitance testament. Moreover, we initiated development on both periods of our leader extend, The Trees. After a brilliant FY2016, we have made an enduring starting in Q1 FY2017. We hope to fundamentally increase deals in the months ahead," said Pirojsha Godrej, Managing Director and CEO Godrej Properties.

The organization's reserved private deals worth Rs 312 crore with volume of 549,720 sq ft, while business ventures recorded booking estimation of Rs 75 crore amid the quarter. Godrej Properties additionally included two new ventures with aggregate 13 million sq ft saleable range.

For more latset hindi news click here