
Godrej Properties Ltd. posted impressive financial results for the third quarter ending December 31, 2024, showcasing substantial growth in key metrics. The company reported a net profit of ₹162.6 crore, marking a 160.9% increase YoY compared to ₹62.3 crore in Q3 FY24.
Revenue from operations surged to ₹968.9 crore, a 193% increase YoY from ₹330.4 crore in the same period last year. This significant growth reflects higher project execution and sales momentum during the quarter.
The company reported an EBITDA of ₹27.6 crore, a remarkable turnaround from an EBITDA loss of ₹41.5 crore in the year-ago quarter. This resulted in an EBITDA margin of 2.9%, indicating improved operational efficiencies.
The company continues to benefit from its robust project pipeline and strategic land acquisitions, which are expected to drive future growth. Godrej Properties remains well-positioned to capitalize on the growing demand in the real estate sector.
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