Archive · 1 Aug 2025
Godrej Properties Q1 Results: Sales Dip, Profit Rises
The housing market is changing.
Godrej Properties, a big real estate company, had fewer sales bookings this past quarter compared to last year.
However, their profits went up, but revenue decreased because of delayed project completions.
The company expects steady growth in the housing market instead of big jumps and has big sales goals for the coming year.
Godrej Properties' sales bookings were down 18% year-over-year in Q1.
Net profit for Godrej Properties increased by 15.3% in Q1 to ₹598.40 crore.
Revenue from operations decreased by 41% in Q1 to ₹434.6 crore.
The company aims for ₹32,500 crore in sales for FY26.
The housing sector is entering a phase of steady pricing and sales growth.
- Who
- Godrej Properties Ltd.
- What
- Godrej Properties reported a decrease in sales bookings and revenue, but an increase in net profit for Q1.
- When
- Q1 of the fiscal year, reported on Friday.
- Where
- Mumbai, India.
- Why
- Due to a record-high sales base last year and fewer project launches, coupled with rising home prices.
- Q1 Sales Bookings
- ₹7,082 crore (18% YoY decrease)
- Q1 Net Profit
- ₹598.40 crore (15.3% YoY increase)
- Q1 Revenue from Operations
- ₹434.6 crore (41% YoY decrease)
- FY26 Sales Target
- ₹32,500 crore
- FY25 Sales
- ₹29,444 crore
