'Consolidated net sales (including other operating income) of Godrej Properties for the quarter ended Jun 2024 has declined 21.05% to Rs 739 crore. Operating profit margin has declined from negative 15.94% to negative 16.92%, leading to 16.18% rise in operating profit to Rs -125.06 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 81.31% to 90.92%. Purchase of finished goods cost rose from 0.15% to 0.47%. Employee cost decreased from 4.30% to 3.48%. Other expenses fell from 25.08% to 9.54%.
Other income rose 191.15% to Rs 960.48 crore. PBIDT rose 362.35% to Rs 835.42 crore. Provision for interest rose 37.34% to Rs 40.75 crore.
PBDT rose 426.20% to Rs 794.67 crore. Provision for depreciation rose 140.12% to Rs 16.64 crore.
Profit before tax grew 439.96% to Rs 778.03 crore. Provision for tax was exp...
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