Godrej Properties has reported more than two-fold increase in profits YoY, for the quarter ended March 31,2018 at Rs.141.5 crore.
Revenue from operations during the quarter increased 20.8% YoY to Rs.521.2 crore, with a 210% increase in sales booking value to Rs.1,054 crore YoY. Sales booking value on sequential basis decreased 14%.
Furthermore, it has sold 14.7 lakh square feet area during the quarter, which is a rise of 150% over 5.9 lakh square feet sold in same period last fiscal, while on sequential basis there was 3% rise in area sold.
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