Godrej Properties Hits Historic Highs with Record Q3 Profits and Rs 8,421 Crore Booking Value

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Godrej Properties Hits Historic Highs with Record Q3 Profits and Rs 8,421 Crore Booking Value

With a total of 9M FY26 bookings standing at Rs 24,008 crore, GPL has already achieved 74 per cent of its annual sales guidance and remains on track to surpass its full-year target of Rs 32,500 crore.

Godrej Properties Limited (GPL) has delivered a landmark financial performance for the third quarter of FY26, achieving its highest-ever Q3 and nine-month net profit of Rs 195 crore and Rs 1,200 crore, respectively. The company demonstrated significant sales momentum with a 55 per cent year-on-year growth in booking value, reaching Rs 8,421 crore for the quarter. This performance marks the fourth consecutive quarter where bookings exceeded Rs 7,000 crore, driven largely by successful launches like Godrej Trilogy in Worli, which alone contributed Rs 1,742 crore. With a total of 9M FY26 bookings standing at Rs 24,008 crore, GPL has already achieved 74 per cent of its annual sales guidance and remains on track to surpass its full-year target of Rs 32,500 crore.

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On the operational and business development front, the company has shown aggressive expansion by adding 12 new projects in the first nine months of the fiscal year. These additions represent an estimated saleable area of 22.36 million sq. ft. and an expected booking value of Rs 24,650 crore, effectively reaching 123 per cent of its annual business development guidance within just three quarters. Collections also saw a robust uptick, growing 40 per cent year-on-year to Rs 4,282 crore in Q3, while operating cash flow for the quarter surged by 73 per cent. This strong liquidity has supported a 66 per cent increase in direct Construction spend, highlighting the company’s focus on project execution and delivery.

Beyond financial metrics, Godrej Properties continues to lead in sustainability and corporate governance, receiving validation from the Science Based Targets initiative (SBTi) for its Net Zero goals in December 2025. The company earned an ‘A’ rating in the CDP Leadership Index and was recognised as a global supply chain leader. This period also saw a vote of confidence from its promoters, who increased their stake in the company through open market purchases totalling Rs 300 crore. With 42 awards received during the quarter and a consistently strengthening balance sheet.

About the Company

Godrej Properties integrates the Godrej Industries Group’s 129-year legacy of excellence with a modern focus on innovation, technology, and sustainability. Recognized as India’s largest developer by residential sales value in FY 2025, the company mandates third-party green building certification for all developments. This commitment to ESG is reflected in its global rankings, having been named #1 among listed residential developers by the Global Real Estate Sustainability Benchmark (GRESB) multiple times and topping the S&P Global Dow Jones indices for the Real Estate and Management sector as of late 2025. With over 500 accolades, including "Developer of the Year" at the GRI India Awards 2024, Godrej Properties continues to lead the industry through a blend of deep-rooted trust and cutting-edge design.  

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Disclaimer: The article is for informational purposes only and not investment advice.