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3d ago

Godrej Properties Reports Q4 Profit Decline, Sets Ambitious FY26 Growth Targets

The company saw a 19% drop in Q4 FY25 net profit but achieved record bookings in FY25 and aims for Rs 32,500 crore in sales bookings for FY26.

Godrej Properties on May 2 reported a 19 per cent decline in its consolidated net profit to ₹381.99 crore for the latest March quarter despite higher income and announced plans to raise debt up to ₹2,000 crore. (Representational photo)
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Overview

  • Godrej Properties reported a 19% year-on-year drop in Q4 FY25 net profit to Rs 382 crore, while revenue surged 49% to Rs 2,122 crore.
  • FY25 marked the company's highest-ever bookings at Rs 29,444 crore, a 29% increase from Rs 22,527 crore in FY24, solidifying its leadership in India’s residential real estate market.
  • The board approved raising up to Rs 2,000 crore through debt securities to support growth and upcoming projects.
  • For FY26, the company targets Rs 32,500 crore in sales bookings and Rs 40,000 crore in project launches across key markets like Mumbai, NCR, Pune, and Bangalore.
  • This achievement marks eight consecutive years of booking growth, with a 55% compounded annual growth rate in sales bookings over the last three years.