India's Godrej Properties falls as first-quarter profit declines

Godrej Properties

04/08/2026 07:24

** Shares of Godrej Properties GODR.NS down 2.5% at 2,037 rupees
** The real estate developer's first-quarter consol net profit falls nearly 42% to 3.5 billion rupees ($36.71 million) Y/Y
** Company's consol revenue from operations up 16.5% Y/Y
** Stock rated as "Buy" on average by 21 analysts; median PT at 2,187 rupees, according to LSEG-compiled data
** YTD, stock up ~1.8%
   
($1 = 95.3425 Indian rupees)

 (Reporting by Mridula Kumar in Bengaluru)
 ((Mridula.Kumar@thomsonreuters.com;))