Godrej Properties Limited

2.8 million

its highest ever first quarter sales. We sold 2,300 homes during the quarter with an area of about 2.8 million square feet. And in value terms, sold about INR 2,520 crore worth of inventory, which represented a

INR 2,520 crore

es during the quarter with an area of about 2.8 million square feet. And in value terms, sold about INR 2,520 crore worth of inventory, which represented a year-on-year value growth of 407%. Of course, the base was

407%

ms, sold about INR 2,520 crore worth of inventory, which represented a year-on-year value growth of 407%. Of course, the base was the delta wave last year. So it's not really a reasonable base to look at.

INR 1,000 crore

t year. So it's not really a reasonable base to look at. We were especially pleased to have crossed INR 1,000 crore of sales in Mumbai through the successful launch of 2 new projects, Godrej Horizon, where we sold m

INR 500 crore

in Mumbai through the successful launch of 2 new projects, Godrej Horizon, where we sold more than INR 500 crore of real estate and Godrej Ascend in Thane, where we sold 379 homes with a booking value of about IN

INR 415 crore

re of real estate and Godrej Ascend in Thane, where we sold 379 homes with a booking value of about INR 415 crore. We believe this puts us on track to our objective of achieving sales in excess of INR 10,000 crore

INR 10,000 crore

ut INR 415 crore. We believe this puts us on track to our objective of achieving sales in excess of INR 10,000 crore in the current financial year. On the operations front, while we had no deliveries in the first qua

INR 375 crore

the year. As a result of no deliveries in the first quarter, our revenues were relatively muted at INR 375 crore, a year-on-year growth of 61%. Our adjusted EBITDA grew by 58% to INR 132 crore, while our net prof

61%

in the first quarter, our revenues were relatively muted at INR 375 crore, a year-on-year growth of 61%. Our adjusted EBITDA grew by 58% to INR 132 crore, while our net profit grew by 168% to INR 46 cror

58%

s were relatively muted at INR 375 crore, a year-on-year growth of 61%. Our adjusted EBITDA grew by 58% to INR 132 crore, while our net profit grew by 168% to INR 46 crore. Our residential collections fo

INR 132 crore

relatively muted at INR 375 crore, a year-on-year growth of 61%. Our adjusted EBITDA grew by 58% to INR 132 crore, while our net profit grew by 168% to INR 46 crore. Our residential collections for the quarter sto

168%

-year growth of 61%. Our adjusted EBITDA grew by 58% to INR 132 crore, while our net profit grew by 168% to INR 46 crore. Our residential collections for the quarter stood at INR 1,538 crore leading to po