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Godrej Properties Sets Rs 325 Billion Sales Goal for FY26

2025-05-08

Godrej Properties is targeting Rs 325 billion in sales bookings for financial year 2025–26, around ten per cent more than the Rs 294.44 billion recorded in FY25. It also plans to launch new residential projects worth Rs 400 billion in key markets including Mumbai, National Capital Region, Pune and Bangalore.

The company sold 15,302 residential units in FY25, achieving the highest-ever annual residential sales in India’s real estate sector. The initial guidance had been Rs 270 billion for the year.

In the fourth quarter of FY25, revenue from operations rose by 49 per cent to Rs 21.22 billion, compared to Rs 14.26 billion in the same quarter of FY24. Net profit declined by 20 per cent year on year to Rs 3.76 billion, though it slightly surpassed analyst expectations.

Executive Chairman Pirojsha Godrej stated that the company has maintained a compound annual growth rate of 55 per cent over the past three years. Business development in FY25 stood at Rs 360 billion, exceeding the guided figure of Rs 300 billion.

Despite concerns over market slowdown, the company remains optimistic, citing Rs 100 billion in bookings during the fourth quarter and strong luxury sales in Gurugram and Mumbai.

Source:The Financial Express