Q1FY23 Quarterly Result Announced for Godrej Properties Ltd.
Realty firm Godrej Properties announced Q1FY23 Result : Long-term Rating for INR 2,500 crore bank facilities of Godrej Properties upgraded to [ICRA] AA+(Stable). The short-term rating has been reaffirmed at [ICRA]A1+. Instruments with this rating are considered to have a high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. Rating for INR 1,000 crore NCD upgraded to [ICRA] AA+(Stable). Instruments with this rating are considered to have a high degree of safety regarding timely servicing of financial obligations. Such instruments carry very low credit risk. Result PDF02-08-2022