Overview

• Godrej Properties’ pre-sales for Q1 FY26 declined 18% to ₹7,082 crore, a drop attributed to a high base effect and minor launch delays
• The company’s consolidated net profit rose 15% year-on-year to ₹598.40 crore despite a 5% fall in total income to ₹1,620.34 crore
• Customer collections strengthened by 22% to ₹3,670 crore, enhancing operating cash flow and balance-sheet resilience
• A robust pipeline of new project launches across major metros and tier II cities underpins confidence in meeting or exceeding the ₹32,500 crore bookings goal for FY26
• Shares edged up 0.89% after the results as Jefferies reaffirmed its buy rating while trimming the price target to ₹3,000