Godrej Properties Limited (GPL), a leading national real estate developer, announced its financial results for the first quarter ended June 30, 2025.
GPL delivered its highest ever quarterly net profit of Rs600 crore, reflecting a 15% YoY growth. EBITDA rose to Rs915 crore, up 18% YoY, while total income saw a modest decline of 3% to Rs1,593 crore. EPS for the quarter stood at Rs19.92 compared to Rs18.70 in Q1FY25.
The company maintained strong sales momentum, registering a booking value of Rs7,082 crore from the sale of 4,231 homes across 6.17 million sq. ft. Q1FY26 marks the eighth consecutive quarter with booking value above Rs5,000 crore. Key contributors included: Godrej MSR City, Bengaluru: Rs2,426 crore; Godrej Majesty, Greater Noida: Rs925 crore; Godrej Tiara, Bengaluru: Rs470 crore
Bengaluru led with over Rs3,000 crore in bookings, followed by significant contributions from MMR and NCR at over Rs1,600 crore each.
The quarter saw six launches across four cities, collectively offering a sales potential of Rs8,500 crore. Business development was equally robust, with five new projects added—covering an estimated saleable area of 9.24 million sq. ft. and booking value potential of Rs11,400 crore. GPL achieved 57% of its FY26 annual business development guidance within Q1.
Collections stood at Rs3,670 crore, marking a 22% YoY rise. GPL also advanced its sustainability agenda, earning validation from the Science Based Targets initiative (SBTi) for near-term goals and long-term Net Zero commitment.
Additional achievements include 10 industry awards and MD & CEO Gaurav Pandey being honored as “CEO of the Year” by Construction Times BAM Awards. While booking value dipped 18% YoY, the company registered a 2-year CAGR of 77%, showcasing its resilient growth trajectory.
“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.” — Pirojsha Godrej, Executive Chairperson, Godrej Properties Limited
