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New Delhi: Godrej Properties (GPL) has reported a growth of 44.54 per cent in its net consolidated profit during the quarter ended December 31, 2022. Its profit after tax (PAT) stood at Rs 56.40 crore in Q3FY23 as against Rs 39.02 crore reported in the same period. quarter last year, the company said in a BSE filing.
The company’s net consolidated income in Q3 FY23 stood at Rs 404.58 crore, a decline of 13.35 per cent over Rs 466.91 crore reported in the same quarter last year.
Pirojsha GodrejThe company’s executive chairman said, “The third quarter had two key highlights as GPL recorded its best ever quarter for both sales bookings and business growth. This allows us to exceed the booking guidance of Rs 10,000 crore for FY23.” This puts us in a good position to continue to grow and grow rapidly. Build on this foundation in the years to come.”
During the nine months ended December 31, 2022, the company has granted 30,869 fresh shares to eligible employees under the Employee Slack Grant Scheme (ESGS). In addition, during the nine months ended December 31, 2022, the company has allotted 32,897 equity shares on exercise of stock grants under the employee stock grant plan, the company said in a regulatory filing.
Its booking value grew by 111 per cent to Rs 3,252 crore, while 9M FY23 bookings grew by 77 per cent year-on-year to Rs 8,181 crore, the company said in a media release.
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