• Godrej Properties delivers its highest ever quarterly net profit of INR 600 crores in Q1FY26, a growth of 15% y-o-y.
  • Booking value of INR 7,082 crores in Q1FY26, 8th consecutive quarter of more than INR 5,000 crores
  • Added 5 projects with an estimated booking value potential of ~INR 11,400 crore

Bengaluru : Godrej Properties Limited (GPL), a leading national real estate developer, announced its financial results for the first quarter ended June 30, 2025.

CORPORATE HIGHLIGHTS:

Sales Highlights

  • Booking value in Q1FY26 was INR 7,082 crores from the sale of 4,231 homes with a total area of 6.17 million sq. ft., a decline of 18% YoY but a 2-year growth CAGR of 77%
  • This is the 8th consecutive quarter in which GPL has exceeded INR 5,000 crore of booking value  
  • Booking value in Q1 FY26 was driven by strong demand in several new project launches including Godrej MSR City in Bengaluru, which achieved a booking value of INR 2,426 crore, Godrej Majesty in Greater Noida, which achieved a booking value of INR 925 crore, and Godrej Tiara in Bengaluru, which achieved a booking value of INR 470 crore.
  • Bengaluru contributed more than INR 3,000 crores, followed by MMR & NCR, both of which contributed more than INR 1,600 crores.
  • 6 new project and phase launches during the quarter across 4 cities with a total sales potential of INR 8,500 crores

Strong start to the year for business development

  • GPL has added 5 new projects in Q1FY26 with a total estimated saleable area of approximately 9.24 million sq. ft. and total estimated booking value potential of ~INR 11,400 crore.
  • GPL has achieved 57% of its FY26 annual guidance for business development in the first quarter.

Other Highlights

  • Collections in Q1FY26 stood at INR 3,670 Crore, a YoY growth of 22%
  • GPL has received approval and validation from the Science Based Targets initiative (SBTi) on the near-term goals. GPL has also received approval on its commitment to long term Net Zero goals by SBTi
  • GPL received 10 awards in Q1FY26.
  • Gaurav Pandey, MD & CEO, has been recognized as CEO of the year by Construction Times BAM Awards

Commenting on the performance of Q1 FY2026, Mr. Pirojsha Godrej, Executive Chairperson, Godrej Properties Limited, said:

“Godrej Properties delivered another solid quarter for bookings, cashflows, and earnings. The residential real estate sector in India has been strong over the past four years and we believe the sector will continue to provide opportunity over the next few years. Our business development additions since FY23 with a future booking value of over Rs 90,000 crore, provide us significant opportunity to scale our bookings and in turn our earnings. With a robust launch pipeline, strong balance sheet, and resilient demand, we are on-track to achieve our guidance across all operating parameters.” 

Financial Overview (Consolidated)

Q1 FY26 performance overview compared with Q1 FY25

  • Total Income declined by 3% to INR 1,593 crore as compared to INR 1,638 crore
  • EBITDA grew by 18% to INR 915 crore as compared to INR 774 crore
  • Net Profit grew by 15% to INR 600 crore as compared to INR 520 crore
  • EPS# amounted to INR 19.92 as compared to INR 18.70

#not annualised