Godrej Housing Finance Performance Analyzed

Godrej Housing Finance had a really strong quarter, showing a significant increase in both sales and profits. They reported a 30% jump in sales, reaching Rs 210.39 crore. This is a substantial rise compared to the previous quarter, which saw sales of Rs 161.76 crore.

Key Points

• Sales increased by 30.06% to Rs 210.39 crore.
• Net profit grew by 56.29% to Rs 19.63 crore.
• Operating Profit (OPM) rose to 80.66% from 86.06%.
• Profit Before Tax (PBDT) increased by 138% to Rs 38.34 crore.
• Profit After Tax (PBT) rose by 169% to Rs 33.76 crore.
• Net Profit (NP) increased by 56.29% to Rs 19.63 crore.

Their net profit also climbed dramatically, up 56.29% to Rs 19.63 crore. This was a big improvement compared to the previous quarter’s profit of Rs 12.56 crore. The company’s overall performance indicates growing demand for their services.

Key financial figures highlight the company’s success. The Operating Profit Margin (OPM) improved to 80.66% from 86.06%, reflecting efficiency gains. The Profit Before Tax (PBDT) surged by 138% to Rs 38.34 crore, demonstrating strong underlying business performance.

The jump in profit after tax (PBT) was even more impressive, rising by 169% to Rs 33.76 crore. This positive trend continued into the Net Profit (NP) which reached Rs 19.63 crore, a 56.29% increase over the previous quarter. These metrics suggest a healthy and expanding business.

Strong financial results signal confidence in Godrej Housing Finance’s future strategy.