Godrej Properties' Q2FY27 results: Net profit falls 62% to ₹154 crore
Record first-half bookings and higher cash collections offset weak quarterly earnings, as total income rises 38% year-on-year
Record first-half bookings and higher cash collections offset weak quarterly earnings, as total income rises 38% year-on-year

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Realty firm Godrej Properties on Friday reported a 62 per cent decline in its consolidated net profit to Rs 154.15 crore for the quarter ended September, on higher expenses. Its net profit stood at Rs 405.08 crore in the year-ago period. Total income rose to Rs 2,571.73 crore in the second quarter of this fiscal from Rs 1,950.05 crore in the corresponding period of the preceding year, according to a regulatory filing. Godrej Properties is one of the leading real estate developers in the country.