Bangalore : Godrej Properties Limited (GPL), a leading national real estate developer, announced its financial results for the second quarter ended September 30, 2025.
CORPORATE HIGHLIGHTS:
• Sales Highlights
o Q2 FY26 booking value grew 64% YoY and 20% QoQ to INR 8,505 crore. This was achieved through the sale of 4,522 homes with a total area of 7.14 million sq. ft. H1 FY26 booking value grew 13% YoY to INR 15,587 crore. This was achieved through the sale of 8,753 homes with a total area of 13.31 million sq. ft. This is the highest ever Q2 & H1 booking value achieved by Godrej Properties.
o This is 3rd consecutive quarter in which GPL has delivered more than INR 7,000 crore of booking value and 9th consecutive quarter in which GPL has delivered more than INR 5,000 crore of booking value, both of which are firsts in Indian real estate.
o 4 markets – Bengaluru, MMR, NCR & Hyderabad contributed more than INR 1,500 crores to the booking value in Q2 FY26, a first in Indian real estate.
o GPL has achieved 48% of its annual guidance for booking value and remains on track to beat its guidance of INR 32,500 crores for FY26.
o Sales in Q2 FY26 were driven by strong demand in several key new project launches:
Godrej Regal Pavilion, GPL’s second launch in Hyderabad, achieved a booking value of INR 1,527 crore,
Godrej MSR City, Bengaluru, which was launched in Q1 FY26 and saw additional area being released in Q2 FY26, achieved a booking value of INR 1,032 crore,
Godrej Tiara, Bengaluru, launched towards the end of Q1 FY26, achieved a booking value of over INR 877 crore,
Godrej Sora in Golf Course Road, Gurugram, achieved a booking value of INR 633 crore,
Godrej Skyshore, Mumbai, achieved a booking value of INR 480 crore,
Godrej Greenview Estate, a plotted development project and GPL’s first project in Indore, achieved a booking value of INR 410 crore.
o 12 new project and phase launches during the quarter across 8 cities with a total sales potential of INR 10,100 crores.
• Business development
o Added 4 new projects with an estimated saleable area of 5.82 million sq. ft. and expected booking value of INR 4,850 crore in Q2 FY26.
o In H1 FY26, GPL has added 9 new projects with an estimated saleable area of 15.06 million sq. ft. and expected booking value of INR 16,250 crores and has achieved 81% of annual guidance.
• Other Highlights
o Delivered projects aggregating 2.2 million sq. ft. across 2 cities in Q2 FY26.
o GPL was ranked #1 globally in Real Estate and Management (REM) sector on the S&P Global’s Dow Jones Best in class indices for 2025.*
o GPL was recognised as the Global sector leader in Real estate and Ranked #1 globally with a score of 100/100 by the Global Real Estate Sustainability benchmark (GRESB) in 2025.
o GPL received 56 awards in Q2 FY26.
*(As of Oct 31, 2025)
Commenting on the performance of Q2 FY2026, Mr. Pirojsha Godrej, Executive Chairperson, Godrej Properties Limited, said:
“Godrej Properties delivered another solid quarter for bookings and earnings. We have achieved a remarkable increase in scale in the past three and a half years. Our quarterly bookings in Q2 is higher than our annual bookings of FY22. We are pleased that this sales growth is spread across the markets we are operating in and was on the back of strong volumes and pricing. The equity capital of INR 6,000 crore we raised through a QIP last year combined with the operating cash flow we are generating will enable us to continue to invest for growth.
With a robust launch pipeline, strong balance sheet, and resilient demand, we are on-track to surpass our booking value guidance for FY26 and deliver sustained high-quality performance across all key operating metrics.”
Financial Overview (Consolidated)
Q2 FY26 performance overview compared with Q2 FY25
• Total Income grew by 39% to INR 1,867 crore as compared to INR 1,343 crore
• EBITDA grew by 118% to INR 614 crore as compared to INR 282 crore
• Net Profit grew by 21% to INR 405 crore as compared to INR 335 crore
• EPS# amounted to INR 13.45 as compared to INR 12.06
#not annualised
H1 FY26 performance overview compared with H1 FY25
• Total Income grew by 16% to INR 3,460 crore as compared to INR 2,981 crore
• EBITDA grew by 45% to INR 1,529 crore as compared to INR 1,056 crore
• Net Profit grew by 18% to INR 1,005 crore as compared to INR 855 crore
• EPS# amounted to INR 33.37 as compared to INR 30.76
