In the fourth quarter of FY 2025, the profit of Godrej Properties declined by 19 per cent on an annual basis, while the expenses increased by 54 per cent. The company’s profit in this quarter was Rs 381.99 crore, while the total expenditure was Rs 2,078.82 crore. The reason for this was the cost of the material. Apart from this, the company’s operational revenue in the fourth quarter of FY 25 was Rs 2,121.73 crore, which is about 49 per cent higher than last year. The company recorded its all -time quarterly booking of Rs 10,163 crore during the fourth quarter of FY 25. This is 7 percent higher than last year. The company’s quarterly booking crossed Rs 10,000 crore for the first time.
During the quarter, the company’s Ebita declined by 2 percent to Rs 634 crore. Overall, during FY 25, the company’s profit increased by 93.01 percent to Rs 1,399.9 crore on an annual basis, while its revenue increased by 62.2 percent to Rs 4,922.84 crore. This increase came from the company’s booking price throughout the financial year, which was Rs 29,444 crore. It increased by 31 per cent compared to the previous financial year and was more than its estimate of Rs 27,000 crore.
Gaurav Pandey, Managing Director and Chief Working Officer of Godrej Properties, said that despite the sector obstacles, the company’s strong sales demonstration was due to its diverse portfolio which benefited from integration in the region. In FY 25, the company added a business growth with a future booking capacity of Rs 26,450 crore to its portfolio as against an estimate of Rs 20,000 crore.
Satek Realty’s profit decreased by 50 percent
The net profit of Mumbai’s Santek Realty declined by 50.3 per cent to Rs 50.4 crore on an annual basis in the fourth quarter. The company’s revenue from operations during the quarter stood at Rs 206 crore, which is 51.8 percent less on an annual basis. The company’s total expenditure declined by 48.41 per cent to Rs 152.1 crore on an annual basis in the March quarter.
The net profit of the company increased by 111.72 per cent to Rs 150.32 crore for the entire financial year 2025. Meanwhile, during the same period, the company’s revenue rose by 51.03 per cent to Rs 853.13 crore on the annual basis. The board of directors of Santek Realty has announced dividends at Rs 1.5 per share.
Indian Overseas Bank profit up 35%
The government-run Indian Overseas Bank (IOB) recorded a net profit of Rs 1,091.94 crore during the fourth quarter of FY 24-25, which was 35 percent higher than Rs 810.42 crore recorded in the same period of FY 2023-24. This is the first time in its history, when the net profit of the bank has crossed the Rs 1,000 crore mark.
The total operating income in the quarter ended March 2025 also increased by 15 percent to Rs 7,634.81 crore, as compared to Rs 6,633.50 crore during the quarter ended March 2024. Ajay Kumar Srivastava, the managing director and chief functioning officer of the bank, said that the bank is expected to increase 13 to 14 percent in all areas during the current financial year. He said that the bank will raise Rs 4,000 crore during the current financial year, which will reduce the government’s stake from 94.61 percent to 90 percent. Talking about the entire financial year 2024-25, the net profit increased by 27 percent to Rs 3,395.51 crore in the year ended March 2025, compared to Rs 2,665.66 crore during the previous year ended March 2024.
The total operating income increased by 17 percent to Rs 28,143.64 crore in the year ended March 2025, compared to Rs 24,065.67 crore during the previous year ended March 2024. Bank’s gross non The executed assets (NPA) declined by March 2025 to 2.14 percent, which was 3.10 percent during the same period of the previous financial year. It has declined by 96 basis points.
Marico’s profit up 7.8%
The integrated net profit of domestic company Marico Limited, which manufactures daily consumption goods (FMCG), increased to Rs 7.81 per cent to Rs 345 crore. With the increase in size and revenue of Indian business, the profit has increased on the strength of strong international business.
Marico Limited on Friday reported the stock market as a quarter results of the January-March 2025. The company earned an integrated net profit of Rs 320 crore in the same period of the last financial year. In the quarter under review, the company’s integrated revenue was Rs 2,730 crore, compared to Rs 2,278 crore in the same period a year ago.
The total expenditure in the fourth quarter of FY 2024-25 was Rs 2,336 crore more than Rs 1,894 crore in the same period last year. The company said that the size of the Indian business increased by seven percent in the fourth quarter, while the revenue recorded a 23 percent increase.
At the same time, the increase on stable currency in international business was 16 percent. The company’s integrated net profit was Rs 1,658 crore in the entire financial year (2024-25), which was Rs 1,502 crore a year ago. The board of directors of the company has recommended a final dividend of seven rupees on an equity share of one rupee.
First Published – May 2, 2025 | 10:26 PM IST
