Godrej Properties reported a strong Q2 FY26, with bookings up 64% year-on-year to ₹8,505 crore. Net profit increased by 21% to ₹405 crore. The company achieved record sales in Hyderabad and is on track to exceed its full-year booking value guidance of ₹32,500 crore. GPL was ranked #1 globally in real estate sustainability by GRESB in 2025.
Financial Highlights
Godrej Properties (GPL) announced robust financial results for Q2 FY26, demonstrating significant growth across key metrics:
- Booking Value: Increased by 64% year-on-year to ₹8,505 crore, crossing annual bookings of FY22.
- Net Profit: Rose by 21% year-on-year to ₹405 crore.
- Half-Year Net Profit: Reached ₹1,005 crore, an 18% increase year-on-year.
- Total Income: Increased 39% to ₹1,867 crore for the quarter.
- EBITDA: Grew by 118% to ₹614 crore.
Key Growth Drivers
Several factors contributed to GPL’s strong performance in Q2 FY26:
- New Project Launches: Strong demand for new projects, particularly Godrej Regal Pavilion in Hyderabad, which achieved bookings of ₹1,527 crore.
- Market Expansion: Successful entry into Hyderabad, with total sales of approximately ₹2,600 crore in the current calendar year.
- Consistent Performance: Nine consecutive quarters with sales exceeding ₹5,000 crore.
- Four Markets Exceeding ₹1,500 Crore: Bangalore, Mumbai, NCR, and Hyderabad each contributed over ₹1,500 crore to the booking value during the quarter.
Business Development & Sustainability
GPL added four new projects in Q2 FY26 with an estimated saleable area of 5.8 million square feet and an expected booking value of just under ₹5,000 crore. The company also received global recognition for its sustainability efforts:
- Ranked #1 globally by the Global Real Estate Sustainability Benchmark (GRESB) in 2025 with a score of 100/100.
- Ranked #1 globally in the real estate and management sector on S&P Global’s Dow Jones Western Class Index for 2025 with a score of 89/100 as of October 31, 2025.
Outlook and Strategy
Godrej Properties is on track to achieve its booking target of ₹32,500 crore in FY26, with a strong launch pipeline, robust balance sheet, and resilient demand. The company is focused on growing its collections and operating cash flow, while maintaining its commitment to sustainability and innovation.
Source: BSE
