However, consolidated net sales declined 0.7 percent to Rs 285.4 crore in the quarter ended September 2014 compared to Rs 287.4 crore in same quarter last year.
Mumbai-based real estate developer Godrej Properties ' second quarter consolidated net profit jumped 35.9 percent year-on-year to Rs 46.6 crore led by lower tax rate and minority interest payment. Profit in the year-ago period was Rs 34.3 crore.
However, consolidated net sales declined 0.7 percent to Rs 285.4 crore in the quarter ended September 2014 compared to Rs 287.4 crore in same quarter last year.
Operating profit (earnings before interest, tax, depreciation and amortisation) dropped 29.6 percent year-on-year to Rs 57 crore and margin declined 710 basis points to 19.3 percent in the quarter gone by.
Tax expenses fell significantly to Rs 11.43 percent during the quarter compared to Rs 31.9 crore in corresponding quarter of last fiscal and minority interest dipped sharply to Rs 8.6 crore from Rs 26.3 crore during the same period.
Other expenses jumped 58 percent on yearly basis to Rs 14.85 crore and depreciation increased 62 percent to Rs 2.3 crore in July-September quarter.
During July-September quarter, Godrej Properties added one new project with 1.3 million square feet of saleable area in Q2 FY15 at Badlapur in Mumbai.
Godrej sold 1.5 lakh square feet of area in five separate cities (Mumbai, Gurgaon, Bangalore, Ahmedabad, Kolkata) and crossed 1 million square feet in sales for the third consecutive quarter, said the company in its filing.
Anda sedang membaca artikel tentang
Godrej Properties Q2 profit up 36% to Rs 47 cr on lower tax
Dengan url
http://sehatgayahidup.blogspot.com/2014/11/godrej-properties-q2-profit-up-36-to-rs.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Godrej Properties Q2 profit up 36% to Rs 47 cr on lower tax
namun jangan lupa untuk meletakkan link
Godrej Properties Q2 profit up 36% to Rs 47 cr on lower tax
sebagai sumbernya
0 komentar:
Posting Komentar