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Godrej Properties reports many fold jump in Q2 consolidated net profit

Godrej Properties has reported results for second quarter ended September 30, 2018.

The company has reported a rise of 36.31% in its net profit at Rs 26.39 crore for the quarter under review as compared to Rs 19.36 crore for the same quarter in the previous year. Total income of the company increased by 10.56% at Rs 278.49 crore for Q2FY19 as compared Rs 251.90 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported many fold jump its net profit at Rs 20.57 crore for the quarter under review as compared to Rs 0.21 crore for the same quarter in the previous year. Total income of the company increased by 39.56% at Rs 487.07 crore for Q2FY19 as compared Rs 349.00 crore for the corresponding quarter previous year.