Godrej Properties Q2 profit falls 62% to ₹154 crore, pre-sales down to ₹8,000 crore

Godrej Properties reported a 62% drop in consolidated net profit to ₹154.15 crore for Q2, attributed to rising expenses. Sales bookings fell 6% to ₹8,008 crore, though total income increased to ₹2,571.73 crore. The company anticipates stronger performance in the second half, aiming for ₹15,000 crore in customer collections and ₹7,000 crore in operating cash flow.

Read the source (Hindustan Times Real Estate)

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