Godrejprop - Q1 Results

Godrej Properties had a 41% drop in revenue to ₹435 crore in the June quarter, but a 15.4% increase in net profit to ₹600 crore. Compared to ₹960 crore the year before, its other income was ₹1,186 crore. In the June quarter, the company recorded a loss of ₹243 crore in earnings before interest, taxes, depreciation, and amortization (EBITDA). At ₹2,053.1 per share, Godrej Properties' stock closed the previous session unchanged. Thus far this year, the stock has dropped 26%.