Realty firm Godrej Properties on Monday reported a 70 per cent increase in consolidated net profit to Rs 649.88 crore for the quarter ended March on higher income. Its net profit stood at Rs 381.99 crore in the year-ago period. Total income rose to Rs 3,806.65 crore during January-March quarter of 2025-26 fiscal from Rs 2,681.06 crore in the corresponding period of the preceding year, according to a regulatory filing. During the full 2025-26 fiscal, the company's net profit grew to Rs 1,850.20 crore from Rs 1,399.89 crore in the preceding year. Total income rose to Rs 8,410.88 crore in the last fiscal from Rs 6,967.05 crore in the 2024-25 fiscal. Godrej Properties is one of the leading real estate developers in the country.
Sobha, Godrej Properties, Phoenix, Anant Raj, Lodha Developers, Oberoi Realty and Aditya Birla Real Estate were up between 3 per cent and 4 per cent on the NSE in Tuesday's intra-day trade.
The stock gained 1.6 per cent on Friday after reporting its fourth quarter (Q4) numbers but slipped on Monday
Developer reports highest-ever bookings, collections and business development in FY26, driven by strong housing demand, robust launch pipeline and sustained momentum across key metro markets
Godrej Properties Ltd on Friday reported a 16 per cent increase in its sales bookings last fiscal to a record 34,171 crore on strong demand for its housing units. In terms of sales bookings or pre-sales, Godrej Properties is likely to become the largest listed real estate firm during 2025-26. Godrej Properties had set a target of achieving Rs 32,500 crore pre-sales in the last fiscal. "FY2026 booking value grew 16 per cent YoY to Rs 34,171 crore. This was achieved through the sale of 17,515 units with a total area of 27 million sq ft, a YoY volume growth of 5 per cent. This is the highest ever full year booking value and volume announced by any listed real estate developer in India to date," Godrej Properties said in a regulatory filing. The sales bookings in Mumbai Metropolitan Region (MMR) stood at Rs 10,313 crore last fiscal, followed by Bengaluru (Rs 8,802 crore), Delhi NCR (Rs 7,410 crore), Pune (Rs 3,659 crore) and Hyderabad (Rs 2,360 crore). Gaurav Pandey, MD & CEO, Godrej
On the Nifty Midcap 100, Hindustan Petroleum stock was the top loser, down 4.35 per cent at ₹334.35 per cent
Godrej Properties Ltd has bought a 44-acre land in Coimbatore to develop a housing project with an estimated revenue of Rs 450 crore. In a regulatory filing on Friday, the company informed that it has acquired the land parcel through an outright purchase and will launch housing plots in this upcoming project. "The company plans to develop a premium plotted residential project with a developable potential of 1.1 million square feet and an estimated revenue potential of Rs 450 crore," it added. Godrej Properties did not share the land cost. Gaurav Pandey, MD & CEO of Godrej Properties, said the company's entry into Coimbatore property market aligns with its strategy of expanding into high-potential cities across India for plotted development. "Coimbatore's strong economic base and resilient end-user demand make it a compelling market. We look forward to developing a high-quality plotted community that strengthens our presence in South India," he said. Godrej Properties is one of th
Stocks to Watch today, March 13: Aurobindo Pharma, Godrej Properties, KPI Green Energy, JK Lakshmi Cement, Max Financial Services, and Nectar Lifesciences are among the top stocks to remain in focus