G. G. Dandekar Properties Ltd

G.G. Dandekar Properties Q2 FY25: Land Sale Lifts Profits Amid Revenue Dip 📉🏢

- Q2 FY25 standalone revenue: ₹82.78 lakhs (down from ₹106.49 lakhs in Q1 FY25)

- Consolidated Q2 revenue: ₹82.78 lakhs + other income of ₹18.83 lakhs

- Exceptional gain of ₹394.94 lakhs from Bhiwandi land sale in Q1 FY25

- Standalone H1 FY25 net profit before tax: ₹366.35 lakhs (includes exceptional gain)

- Consolidated H1 FY25 net profit before tax: ₹361.96 lakhs (includes exceptional gain)

- CCPS converted to equity in associate company NDPL; buyback offer approved post-quarter

- Standalone EPS for Q2: (₹0.52); consolidated EPS: ₹0.13

- Total standalone debt: ₹3.95 crores (no defaults)

- Income tax disputes resolved for AY 2011-12 & 2013-14 (no new updates)