'Consolidated net sales (including other operating income) of Godrej Properties for the quarter ended Sep 2023 has increased 107.77% to Rs 343 crore. Operating profit margin has jumped from negative 40.83% to negative 17.98%, leading to 8.52% rise in operating profit to Rs -61.66 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 86.37% to 81.19%. Employee cost increased from 4.89% to 7.60%. Other expenses rose from 17.52% to 17.61%.
Other income rose 28.42% to Rs 262.11 crore. PBIDT rose 46.62% to Rs 200.45 crore. Provision for interest rose 18.34% to Rs 48.01 crore.
PBDT rose 58.56% to Rs 152.44 crore. Provision for depreciation rose 31.73% to Rs 7.39 crore.
Profit before tax grew 60.22% to Rs 145.05 crore. Share of profit/loss was 20.42% higher at Rs -33.63 crore. Provision for tax was...
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