BusinessPhoto: Mint MarketsGodrej Properties Q2 Profit Falls 62% to ₹154 Crore
Godrej Properties reported a 62% year-on-year decline in consolidated net profit to ₹154.15 crore for Q2 ended September, citing higher expenses. The share price dropped 4.23% on the day and 6.5% over the week. Experts note rising costs and short-term earnings pressure but remain optimistic due to healthy bookings, collections, and new project pipelines.
Mint Markets·