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Godrej Properties posts 70% rise in quarterly profit

#Builders & Projects#India
Last Updated : 6th May, 2026
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Synopsis

Godrej Properties reported a 70% year-on-year rise in consolidated net profit to INR 649.88 crore for the quarter ended March, supported by a sharp increase in total income. Quarterly income grew to INR 3,806.65 crore from INR 2,681.06 crore a year earlier. For the full financial year, net profit rose to INR 1,850.20 crore, up from INR 1,399.89 crore, while total income increased to INR 8,410.88 crore. The performance reflects sustained residential demand, improved execution, and stronger revenue realisation across key markets, reinforcing the company’s position among India’s leading real estate developers.

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Godrej Properties reported a strong set of financial results for the quarter ended March, with consolidated net profit increasing by 70% year-on-year to INR 649.88 crore. The company attributed this growth to higher income during the period, reflecting improved business performance and steady demand in the residential segment. In the corresponding quarter of the previous year, the company had posted a net profit of INR 381.99 crore.


Total income for the quarter also recorded a notable increase, rising to INR 3,806.65 crore from INR 2,681.06 crore in the same period last year. The rise in income suggests better revenue recognition, likely supported by project completions, sales bookings, and collections across its developments.

The company’s performance remained strong at the annual level as well. For the full financial year, Godrej Properties reported a net profit of INR 1,850.20 crore, marking a clear improvement over INR 1,399.89 crore recorded in the previous fiscal. This growth indicates consistent operational momentum throughout the year.

Annual total income stood at INR 8,410.88 crore, compared to INR 6,967.05 crore in the preceding financial year. The increase highlights sustained demand across key housing markets, along with effective project execution and timely delivery schedules.

Godrej Properties continues to be one of India’s prominent real estate developers, with a presence across major cities. The latest financial performance reflects the broader trend of resilience in the residential real estate sector, where demand has remained stable despite macroeconomic fluctuations. The company’s ability to scale revenue and profitability points to stronger balance sheet fundamentals and a growing pipeline of projects.

Looking ahead, such financial growth may support further expansion, land acquisitions, and new project launches, as developers continue to align their strategies with evolving homebuyer preferences and market conditions.



Source - PTI
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