Godrej Properties delivered exceptional performance with 84 per cent YoY growth in bookings, aided by strong positive reception of new launches in both the NCR and Mumbai, Motilal Oswal said.
Godrej Properties Q4 net profit rose 14% YoY to Rs 471 crore. Revenue fell 13%. Co recorded the highest quarterly sales at Rs 9,519 crore. Godrej Zenith, Gurugram achieved Rs 3,008 crore booking value.
For Monday, analyst from a domestic brokerage has assigned Buy calls for Godrej Properties, Fortis Healthcare and Granules India shares. Check details.
Godrej Properties sold inventory worth Rs 2,690 crore in its project Godrej Reserve located in Kandivali, Mumbai, in Q4 FY24. It also sold inventory worth over Rs 2,875 crore in its Gurugram’s Sector 49 project Godrej Aristocrat.