Key Points
BENGALURU, Nov 2 (Reuters) - Indian real estate developer Godrej Properties (GODR.NS) on Thursday reported a 21.5% rise in second-quarter profit, helped by a rise in demand for housing projects...
Consolidated net profit of the Godrej Group-owned firm rose to 668 million rupees ($8.02 million) from to 549.6 million rupees a year ago...
Revenue from operations more than doubled to 3.43 billion rupees...
Analysts said that real estate companies have been seeing improved demand in urban areas, with income levels improving post the pandemic, despite rising costs and high borrowing rates...
Rivals DLF (DLF.NS) and Oberoi Realty (OEBO.NS) also posted a rise in second-quarter profit on improved demand, while Sobha (SOBH.NS) is yet to report...
You might be interested in
India's Tata Elxsi posts Q3 profit rise on strength in transportation segment
23, Jan, 24(Reuters) - Indian design and technology services company Tata Elxsi reported a 6% rise in third-quarter profit on Tuesday, helped by healthy demand in its transportation segment. The company's net
India's Orient Electric posts Q2 profit on one-time gain, steady demand
03, Nov, 23Appliances maker Orient Electric (ONTE.NS) on Friday reported a second-quarter profit, aided primarily by a one time gain from land sale and buoyed by steady demand for its consumer durables business.
India's Prestige Estates Projects posts higher Q2 profit on strong housing demand
07, Nov, 23India's Prestige Estates Projects (PREG.NS) reported a more than six-fold jump in second-quarter profit on Tuesday, aided by a buoyant housing demand.
India's LIC Housing Finance Q1 profit jumps on strong loan demand
03, Aug, 23India's LIC Housing Finance (LICH.NS) on Thursday reported a 43% rise in first-quarter profit, helped by strong demand for housing loans.
India's Relaxo Footwears Q2 profit nearly doubles on solid demand
01, Nov, 23India's Relaxo Footwears (RLXO.NS) reported a 97.3% surge in second-quarter profit on Wednesday, helped by strong demand for its shoes and slippers even as its expenses climbed.
V-Guard posts Q3 profit beat on sturdy demand across segments
01, Feb, 24V-Guard Industries, an electronic products maker, reported Q3 profit of 582.4 million rupees ($7 million), exceeding estimates. The company experience
Colgate-Palmolive's Indian unit's Q2 profit rises on higher demand
26, Oct, 23Colgate-Palmolive (India) (COLG.NS) reported a 22% rise in the second-quarter profit on Thursday, aided by rising urban demand for high-priced toothpastes and signs of growth in rural consumption.
India's CEAT beats Q1 profit view on higher demand, fall in costs
25, Jul, 23Indian tyremaker CEAT (CEAT.NS) posted a near 16-fold jump in profit boosted by strong demand and drop in raw material costs.
India's DLF posts 12% rise in Q1 profit as income from JVs jump
21, Jul, 23DLF (DLF.NS), India's largest real estate company by market value, reported a higher first-quarter profit on Friday, as lower costs and a higher share of profits from its joint ventures more than offset a dip in revenue.
Apollo Hospitals misses Q1 profit view on digital healthcare costs
11, Aug, 23Apollo Hospitals Enterprise (APLH.NS) reported a bigger-than-expected 47.5% fall in first-quarter profit on Friday, dragged by operating costs related to its digital healthcare platform.