Godrej Properties Limited, a leading real estate developer in India, has announced robust financial results for the second quarter of fiscal year 2026 (Q2FY26), with significant growth in booking value and profitability.

Financial Highlights

Godrej Properties' Q2FY26 performance reflects substantial growth across various metrics:

• Booking value reached INR 8,505.00 crore, marking a 64% year-on-year growth and a 20% quarter-on-quarter increase.
• Net profit grew 21% to INR 405.00 crore in Q2FY26 compared to INR 335.00 crore in Q2FY25.
• Total income increased 39% to INR 1,867.00 crore.
• EBITDA surged 118% to INR 614.00 crore.

Operational Performance

The company's operational performance was equally impressive:

• Sold 4,522 homes across 7.14 million sq.ft. during Q2FY26.
• For H1FY26, booking value reached INR 15,587.00 crore, up 13% year-on-year through the sale of 8,753 homes.
• Added 4 new projects with an estimated saleable area of 5.82 million sq.ft. and expected booking value of INR 4,850.00 crore during the quarter.
• Four markets - Bengaluru, MMR, NCR, and Hyderabad - each contributed over INR 1,500.00 crore to quarterly booking value.
• Delivered 2.2 million sq.ft. across 2 cities.
• Launched 12 new projects across 8 cities with a total sales potential of INR 10,100.00 crore.

Market Position

The substantial increase in booking value and net profit indicates a strong market position for Godrej Properties in the Indian real estate sector. The company's ability to significantly boost its bottom line suggests effective cost management and improved sales performance.

Future Outlook

Godrej Properties has achieved 48% of its annual guidance for booking value and remains on track to meet its FY26 guidance of INR 32,500.00 crore.

Regulatory Compliance

As per the LODR (Listing Obligations and Disclosure Requirements) data, Godrej Properties Limited has submitted its financial results for the quarter and half-year ended September 30 to the stock exchanges.

Investors and stakeholders are advised to refer to the detailed financial statements and notes for a comprehensive understanding of the company's performance and financial position.

Godrej Properties Limited (GPL), a leading Indian real estate developer, has achieved a significant milestone in its ambitious Worli project, Godrej Trilogy. The company recently received the project registration certificate from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for the first phase of this high-value development.

Project Overview

Godrej Trilogy is set to be a landmark development in one of Mumbai's most sought-after neighborhoods. Here are the key details:

Strategic Location and Design

The project boasts a prime location off Dr. Annie Besant Road, adjacent to the iconic Mahalaxmi Racecourse. This strategic positioning offers residents:

• Unobstructed views of the Mahalaxmi Racecourse and Arabian Sea
• Proximity to key commercial hubs
• Access to well-developed social infrastructure

Project Features

Godrej Trilogy aims to deliver an exclusive lifestyle with:

• Spacious homes
• Large private decks
• Thoughtfully curated amenities

Market Impact and Company Strategy

Gaurav Pandey, MD & CEO of Godrej Properties, emphasized the significance of this development:

"Receiving RERA approval for our Worli project marks an important step forward in our development timeline. The location offers a rare combination of scale, connectivity, and visibility. This project further strengthens GPL's presence in South Mumbai and aligns with our strategy of acquiring and developing high-potential urban land parcels."

This project is expected to contribute significantly to Godrej Properties' residential portfolio in South Mumbai, reinforcing the company's position in the luxury real estate segment.

Conclusion

The RERA approval for Godrej Trilogy's first phase marks a crucial step in Godrej Properties' expansion in the premium real estate market. As the project moves forward, it will be interesting to observe its impact on the company's market position and financial performance in the coming quarters.