News

Godrej Properties Delivers Highest-Ever Q3 and 9M Net Profit, Collections Grow 40% YoY

Mumbai, February 6, 2026, Godrej Properties Limited has announced its financial results for the third quarter ended December 31, 2025.

Sales Highlights

Q3 FY26 booking value grew 55% YoY to INR 8,421 crore. This was achieved through the sale of 3,973 homes with a total area of 6.43 million sq. ft.
9M FY26 booking value grew 25% YoY to INR 24,008 crore. This was achieved through the sale of 12,726 homes with a total area of 19.74 million sq. ft.
This is the highest ever Q3 & 9M booking value achieved by Godrej Properties.
This is the 4th consecutive quarter in which GPL has delivered more than INR 7,000 crore of booking value and the 10th consecutive quarter in which GPL has delivered more than INR 5,000 crore of booking value.
GPL has achieved 74% of its annual guidance for booking value and remains on track to beat its guidance of INR 32,500 crores for FY26.
MMR contributed INR 3,239 crores (38%) to the booking value in Q3 FY26 led by successful launch of Godrej Trilogy at Worli, which achieved INR 1,742 crores of booking value in the quarter.
11 new project and phase launches during the quarter across 9 cities

Collections & Cash flow

Q3 FY26 collections grew 40% YoY to INR 4,282 crore. 9M FY26 collections grew 19% to INR 12,018 crore.
Operating Cashflow in Q3 FY26 grew 73% YoY to INR 1,062 crore. Operating Cashflow in 9M FY26 declined by 7% to INR 3,199 crore.
Direct construction spend increased by 66% YoY in 9MFY26

Business development

Added 3 new projects with an estimated saleable area of 7.30 million sq. ft. and expected booking value of INR 8,400 crore in Q3 FY26.
In 9M FY26, GPL has added 12 new projects with an estimated saleable area of 22.36 million sq. ft. and expected booking value of INR 24,650 crores, achieving 123% of annual guidance within 9 months.

Other Highlights

Delivered projects aggregating ~1.7 million sq. ft. across 3 cities in Q3 FY26
Godrej Properties Limited has been included in the Leadership Index of CDP with an ‘A’ Rating* in 2025 and also recognized as the supply chain leader in CDP’s Supplier Engagement Assessment (SEA) and has been included in the A-list for the 2024 disclosure cycle.
GPL has received an approval and validation from the Science Based Targets initiative (SBTi) on the near-term goals, long term and Net Zero Goals in Dec 2025.
42 awards received in Q3 FY26.
Promoters increased stake in GPL through open market purchase by 0.5% in FY26 YTD (0.69% since QIP in Dec 2024) through purchase of 15,18,681 shares aggregating INR 300 crores.

Commenting on the performance of Q3 FY2026, Pirojsha Godrej, Executive Chairperson, Godrej Properties Limited, said: “Godrej Properties delivered another solid quarter for bookings and earnings. The company has achieved a remarkable increase in scale in the past four years. We are pleased that this sales growth is spread across the markets we are operating in and was on the back of strong volumes and pricing growth. The equity capital of INR 6,000 crore we raised through a QIP last financial year combined with the operating cash flow we are generating will enable us to continue to invest for growth. With a robust launch pipeline, strong balance sheet, and resilient demand, we are confident of ending FY26 as our best ever year across all key operating metrics and of delivering sustained high-quality performance in the years ahead.”

Financial Overview (Consolidated)

Q3 FY26 performance overview compared with Q3 FY25

Total Income declined by 17% to INR 1,020 crore as compared to INR 1,222 crore