Real estate developer Godrej Properties Ltd. is on track to meet or exceed FY26 guidance. The Mumbai-based company has added five new projects with an estimated saleable area of 9.24 million sq ft. and expected booking value of ₹11,400 crore in Q1FY26, achieving 57% of annual guidance.For the June quarter, Godrej Properties’ net profit rose 15.4% from last year to ₹600 crore, while revenue fell by 41% from the same quarter last year to ₹435 crore.
Its other income stood at ₹1,186 crore, in comparison to ₹960 crore in the same quarter a year ago.Godrej Properties reported an Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) loss at ₹243 crore for the quarter.
Booking value declined 18% year-on-year to ₹7,082 crore from last year’s ₹8,637 crore. This is the eighth consecutive quarter in which Godrej Properties has exceeded ₹5,000 crore of booking value.
The real estate firm has launched six new projects during the quarter across four cities with a total sales potential of ₹8,500 crore.
Shares of Godrej Properties are currently trading 0.59% lower at ₹2,090.40. The stock is down 25% so far in 2025.
First Published: Aug 1, 2025 1:27 PM IS
