Godrej Properties Q1 profit falls 42% to ₹349 cr, sales bookings up 22% to ₹8,651 cr
Godrej Properties reported a 42% drop in consolidated net profit to ₹349.38 crore for the quarter ending June, down from ₹598.40 crore a year earlier, attributed to lower income. Despite the profit decline, sales bookings rose by 22% to ₹8,651 crore, marking the sixth consecutive quarter with booking values exceeding ₹7,000 crore. Executive Chairperson Pirojsha Godrej expressed optimism for continued sales momentum, projecting annual sales bookings of over ₹39,000 crore.