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New Delhi: Godrej Properties It has registered a growth of 87.60 per cent in its Net Consolidated Profit during the quarter ended September 30, 2022. Its profit after tax (PAT) stood at Rs 67.03 crore in the second quarter of FY23 as against Rs 35.73 crore in the same quarter. In the last financial year, the company said in a BSE filing.
The company’s net consolidated income for the second quarter of FY 2013 stood at Rs 369.20 crore, an increase of 10.47 per cent from Rs 334.22 crore in the same quarter last year.
Pirojsha Godrej“At the halfway point of the fiscal year, we are confident of achieving our booking price guidance of Rs 10,000 crore for FY23,” the company’s executive chairman said.
During the half year ended September 30, 2022, the company has given 30,869 new stocks to eligible employees under the Employees’ Stock Grant Scheme (ESGS). Further, during the half year ended September 30, 2022, the company has allotted 32,897 equity shares on exercise of stock grant under the Employees’ Stock Grant Scheme.
By 30 September 2022. The company had net assets of Rs 8,777.87 crore, its debt-equity ratio (gross) was 0.81, total debt to total assets was 0.28, operating margin was -38.77% and net profit margin was 20.50%. said in the regulatory filing.
The company witnessed a total booking value of Rs 2,409 crore and a total booking volume of 2.71 million sq ft in Q2 FY23.
During April-September 2022, sales bookings grew by 60 per cent to Rs 4,929 crore as against Rs 3,072 crore in the corresponding period of the previous year.
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