Consolidated Financials for Q2 FY26 Results
• Booking value grew 64% y-o-y and 20% q-o-q to INR 8,505 crores in Q2FY26.
• Godrej Properties delivered its highest ever second quarter & half-yearly net profit of INR 405 crores and INR 1,005 crores respectively.
Mumbai, November 06, 2025: 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
#not annualised
–ENDS—
About Godrej Properties Limited:
Godrej Properties brings the Godrej Industries Group philosophy of innovation, sustainability, and excellence to the real estate industry. Each Godrej Properties development combines a 128-year legacy of excellence and trust with a commitment to cutting edge design, technology, and sustainability. In FY 2025, Godrej Properties retained its position as India’s largest developer by value of residential sales achieved. The company continues to remain deeply focused on sustainable development. In 2010, GPL committed that all of its developments would be third party certified green buildings. In 2020 and again in 2021, 2022, and 2025, the Global Real Estate Sustainability Benchmark ranked GPL #1 globally amongst listed residential developers for its sustainability and governance practices. In 2017, GPL was one of the founding partners of the Sustainable Housing Leadership Consortium (SHLC), whose mission is to spread sustainable development practices across the Indian real estate sector. In recent years, Godrej Properties has received over 500 awards and recognitions, including Developer of the year at the GRI India Awards, 2024, the Porter Prize 2019, The Most Trusted Real Estate Brand in the 2019 Brand Trust Report, Builder of the Year at the CNBC-Awaaz Real Estate Awards 2019, and The Economic Times Best Real Estate Brand 2018.
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