G. G. Dandekar Properties Ltd

G. G. Dandekar Properties Q1 FY2025 Results: Land Sale Boosts Profits 📊

- Standalone total income: ₹122.98 lakhs, net profit: ₹8.05 lakhs.

- Consolidated total income: ₹122.98 lakhs, net profit: ₹386.97 lakhs (includes ₹394.94 lakhs exceptional gain from land sale).

- Sold freehold land in Bhiwandi for ₹401.00 lakhs, recorded as an exceptional item.

- Converted 14,989 CCPS of associate company NDPL into equity shares (1:1 ratio).

- Outstanding loans: ₹4,02,62,371/- with no defaults.

- Income tax disputes for AY 2013-14 & 2011-12 under resolution via Vivad se Vishwas Scheme (partial provision write-back of ₹205.13 lakhs).

- Financial results reviewed by CNK JBMS & Associates—no material misstatements found.

- Board approved results on 8 August 2025.