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This is the sixth consecutive quarter in which the company has delivered more than ₹5,000 crore of booking value.
Godrej Properties added four new projects, with an expected booking value of ₹10,800 crore in Q3FY25.
For the first nine months of FY25, Godrej Properties added 12 new projects. The total estimated booking value potential of ₹23,450 crore and have thereby surpassed the full year guidance of ₹20,000 crore.The company reported a consolidated net profit of ₹162.6 crore for the December quarter, compared to ₹62.3 crore in the same quarter last year.
Revenue for the quarter stood at ₹968.9 crore from ₹330.4 crore in the year-ago quarter.
Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter stood at ₹27.6 crore. The company reported an EBITDA loss of ₹41.5 crore in the same period a year ago.
The company’s EBITDA margin stood at 2.9% in the quarter.
Godrej Properties has delivered its highest ever bookings, collections, operating cash flow, earnings, and deliveries in a calendar year in 2024, the company said in an exchange filing.
The real estate firm said that it has raised ₹6,000 crore of equity for growth capital through largest-ever QIP by a real estate company in India in the quarter.
“The third quarter of financial year 2025 was the 6th consecutive quarter of more than Rs 5,000 crore bookings underlying the sectoral tailwinds for the residential real estate sector in India,” said Pirojsha Godrej, Executive Chairperson at Godrej Properties.
Shares of Godrej Properties are trading nearly a percent higher after the results announcement at ₹2,341.95. The stock is down 16% so far in 2025.
