G. G. Dandekar Properties Ltd

G. G. Dandekar Properties Q1 FY25 Results: Land Sale Boosts Profits 📊

- Standalone revenue from operations: ₹106.49 lakhs for Q1 FY25

- Total standalone income: ₹122.98 lakhs

- Standalone expenses: ₹130.95 lakhs

- Profit before tax: ₹386.97 lakhs (includes ₹394.94 lakhs exceptional gain from land sale)

- Consolidated results include associate company Navasasyam Dandekar Private Limited (net profit: ₹1.50 lakhs)

- Total outstanding loans: ₹4,02,62,371 as of 30 June 2025 (no defaults)

- Income tax disputes resolved, leading to write-back of excess provisions (₹205.13 lakhs)

- 14,989 CCPS in associate company NDPL converted to equity shares (1:1 ratio)