Godrej Properties suffers net loss of Rs 192 cr for Q4FY21
New Delhi: Mumbai-based Godrej Properties Ltd suffered a consolidated net loss of Rs 192 crore for the fourth quarter ended March 2021. The company has clocked a net profit of Rs 102 crore in the same quarter of the previous fiscal.
The total income of the company dropped to Rs 576 crore in the fourth quarter of 2020-21 as compared to Rs 1,288 crore in the same quarter of the previous year, the company said in a regulatory filing.
For the whole of last fiscal 2020-21, the company suffered a net loss of Rs 189 crore as compared to a net profit of Rs 274 crore in the previous fiscal. The total income for the whole of last fiscal fell to Rs 1,333 crore from Rs 2,915 crore in the previous year.