gpls third project in gurgaon with 12 million sq ft of saleable area o to be developed as a premium residential group housing projectpanvel township mumbai o we continue to place tremendous emphasis on execution at all our on going projects and are happy to have delivered phase i of godrej garden city ahmedabad on time in q2 fy14 the company added 37 acres of contiguous land to its panvel township project o gpl will now develop a total land parcel of 147 acres in panveloperational highlights delivered 624 homes on time to customers in phase 1 of godrej garden city ahmedabad in q2 fy2014 commenting on the financial performance of q2 h1 fy2014 pirojsha godrej managing director ceo godrej properties limited said in a tough operating environment the second quarter witnessed strong growth a successful capital raise and the expansion of our development portfolio total income increased by 37 to inr 3204 crore from inr 2331 crore ebitda increased by 31 to inr 947 crore from inr 723 crore q2 fy2014 performance overview compared with q2 fy2013 total income increased by 21 to inr 565 crore h1 fy2014 pbt increased by 50 to inr 174 crore h1 fy2014 mumbai godrej properties limited gpl a leading national real estate developer has announced its financial results for the quarter and half year ended september 30 2013q2 h1 fy2014 results h1 fy2014 q2 demonstrates gpls ability to successfully raise capital in a difficult economic environment o funds generated will strengthen gpls financial position and its ability to add new projectsbusiness development highlights sustained traction in business development with the addition of a new project with 12 million sqft of saleable area in q2 fy2014sector 88a89a net profit increased by 48 to inr 74 crore q2 fy2014 q2 the issue was oversubscribed o fy2014 financial overview consolidated h1 fy2014 performance overview compared with h1 fy2013 total income increased by 21 to inr 5646 crore from inr 4659 crore ebitda increased by 49 to inr 178 crore from inr 1193 crore net profit increased by 48 to inr 737 crore from inr 497 crore eps amounted to inr 860 as compared to inr 590 net profit increased by 5 to inr 34 crorecorporate highlightssuccessful capital raising the company successfully concluded a rights issue of inr 700 crore o fy2014 pbt increased by 31 to inr 93 crore we are steadily building our development portfolio by adding joint venture projects in key markets across india our financial performance in the first half has been strong with a 21 growth in total income 49 growth in ebitda and 48 growth in net profit compared to h1 fy2013 net profit increased by 5 to inr 343 crore from inr 326 crore eps amounted to inr 393 as compared to inr 387 total income increased by 37 to inr 320 crore gurgaon o