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Godrej Properties Witnesses a Dip in Operating Profit

1 Comment Sub Category:Uncategorized Posted On: May 08, 2012

Godrej Properties is considered as the most promising Indian real estate companies.The company has published its last quarterly performance report.

The report shows that the consolidated net sales has grown by 8% while the operational profit of the company has dropped by 17.4 percent.

The majority of the income of the company came from the projects related to group of companies, while individual residential projects across India returned negligible margin for the company.

The total debt amount of Godrej Property is Rs 1554 crore and the debt equity ratio is 0.85 percent.

More related stories:

GIC to invest in Godrej Property project

Godrej Properties will invest in realty projects in Kolkata

Source: Economic Times

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