The fresh investments by the company, which sells interior solutions, furniture, appliances and locks, will see its footprint getting doubled to more than 400 towns by FY27, a senior official has said.
Consumer durables maker Godrej Appliances, a part of Godrej & Boyce Mfg Co expects its sales to grow around 25 percent year-on-year in 2013-14 (April-March), a top company official said on Monday.
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Godrej Security Solutions is targetting a turnover of Rs 800 crore this year, a senior executive of the company said.
Real estate developer Godrej Properties (GPL), today said it has entered into an agreement with Godrej & Boyce (G&B) to provide development managerial assistance to its for future development of Godrej-owned land in Vikhroli, Mumbai.
Nomura maintains reduce on Godrej Properties with target of Rs 630. The company has entered into a deal with Godrej & Boyce for its vast land in Vikhroli, Mumbai. They believe that the form of this deal is well below their expectations and their 20% premium to NAV could now look excessive.
Godrej Properties said on Wednesday it has entered into an agreement with Godrej & Boyce (G&B), under which the realtor will act as a development manager for development of the group-owned land in suburban Mumbai.
Real estate development arm of Godrej Group, Godrej Properties (GPL) today said it has entered into a joint venture with Godrej & Boyce to develop residential projects in Hyderabad and Thane.
Real estate firm Godrej Properties is planning to use proceeds from the sale of three commercial projects in Kolkata and Chandigarh to reduce its debt from Rs 900 crore to Rs 300 crore in the fiscal year 2011-12.
Godrej Properties on Monday announced the launch of its mixed-use project 'The Trees' in Vikhroli, Mumbai. Talking about the project Pirojsha Godrej, ED, Godrej Properties, said, "It is a 60:40 profit sharing JV agreement between Godrej Properties, which will get 60% of the profits and Godrej Industries, which will get 40% of the profits."