Godrej Properties posts net profit of Rs 405 crore in Q2, up 64% in bookings

Real estate developer Godrej Properties has registered a 21% year-on-year increase in net profit at Rs 405 crore for the quarter ended September 2025, its highest ever performance in the second quarter.The company’s booking value grew 64% year-on-year to Rs 8,505 crore during the quarter, helped by sales of 4,522 residential properties covering a total area of ​​7.14 million sq ft.

The developer has achieved 48% of its annual booking value expectations and remains on track to beat its expectations of INR 32,500 crores for the financial year, the company said in a press release.

Sales during the quarter were led by key projects in Hyderabad, Bengaluru, Gurugram, Mumbai and Indore. The company launched 12 new projects and phases across eight cities during the quarter with a total sales potential of Rs 10,100 crore.

“The equity of Rs 6,000 crore we raised through a QIP last year, combined with the operating cash flow we generate, will enable us to continue investing in growth,” said Pirojsha Godrej, executive chairman of Godrej Properties.

The quarter marked the third consecutive period in which the company recorded a booking value above Rs 7,000 crore and the ninth consecutive quarter above Rs 5,000 crore, the release said. The developer also added four new projects with an estimated salable area of ​​5.82 million sq ft and an expected booking value of Rs 4,850 crore. It delivered projects totaling 2.2 million square feet in two cities during the quarter.