The company's total Income stood at Rs. 375 crore.

The Q1 FY23 witnessed total booking value of Rs. 2,520 crore and total booking volume of 2.83 million sq. ft.

Godrej Properties Limited (GPL), a leading national real estate developer, announced its financial results for the first quarter ended June 30, 2022.

The company's net Profit stood at Rs. 46 crore, while total Income stood at Rs. 375 crore 

The Q1 FY23 witnessed total booking value of Rs. 2,520 crore and total booking volume of 2.83 million sq. ft.

The company said it has extended its existing arrangements with Shivam Realty to develop a residential group housing project at Kandivali.

Pirojsha Godrej, Executive Chairman, Godrej Properties Limited, said, “Having delivered our highest ever Q1 bookings of 2,520 crore, we are on track to meet our FY 23 objective of achieving 10,000 crore booking value.  Despite elevated inflation and recent interest rate hikes, the real estate sector has been exceptionally resilient.  The sector is likely to continue to strengthen in the quarters ahead and we will be focused on significant market share gains through new project acquisitions and launches..”