Godrej Properties Limited (GPL), a leading national real estate developer, has delivered its highest-ever Q2 and half-yearly results, with booking value surging 64% YoY to ₹8,505 crore and H1 FY26 bookings reaching ₹15,587 crore. The company also reported net profit of ₹405 crore for Q2 and ₹1,005 crore for H1 FY26, driven by strong demand across 12 new project launches in 8 cities, including flagship developments in Bengaluru, Hyderabad, Gurugram, Mumbai, and Indore.

This performance marks the third consecutive quarter of booking values above ₹7,000 crore and the ninth consecutive quarter above ₹5,000 crore, underscoring Godrej Properties’ market leadership. With a robust launch pipeline, strong balance sheet, and resilient demand, GPL is on track to exceed its FY26 annual booking guidance of ₹32,500 crore, while continuing to deliver high-quality projects across residential and plotted developments.

GPL has achieved 48% of its annual guidance for booking value and remains on track to beat its guidance of INR 32,500 crores for FY26.

Sales in Q2 FY26 were driven by strong demand in several key new project launches:

Godrej Regal Pavilion, GPL’s second launch in Hyderabad, achieved a booking value of INR 1,527 crore,

Godrej MSR City, Bengaluru, which was launched in Q1 FY26 and saw additional area being released in Q2 FY26, achieved a booking value of INR 1,032 crore,

Godrej Tiara, Bengaluru, launched towards the end of Q1 FY26, achieved a booking value of over INR 877 crore,

Godrej Sora in Golf Course Road, Gurugram, achieved a booking value of INR 633 crore,

Godrej Skyshore, Mumbai, achieved a booking value of INR 480 crore,

Godrej Greenview Estate, a plotted development project and GPL’s first project in Indore, achieved a booking value of INR 410 crore.

12 new project and phase launches during the quarter across 8 cities with a total sales potential of INR 10,100 crores.

Business development

Added 4 new projects with an estimated saleable area of 5.82 million sq. ft. and expected booking value of INR 4,850 crore in Q2 FY26.

In H1 FY26, GPL has added 9 new projects with an estimated saleable area of 15.06 million sq. ft. and expected booking value of INR 16,250 crores and has achieved 81% of annual guidance.

Other Highlights

Delivered projects aggregating 2.2 million sq. ft. across 2 cities in Q2 FY26.

GPL was ranked #1 globally in Real Estate and Management (REM) sector on the S&P Global’s Dow Jones Best in class indices for 2025.*

GPL was recognised as the Global sector leader in Real estate and Ranked #1 globally with a score of 100/100 by the Global Real Estate Sustainability benchmark (GRESB) in 2025.

GPL received 56 awards in Q2 FY26.

*(As of Oct 31, 2025)

Commenting on the performance of Q2 FY2026, Pirojsha Godrej, Executive Chairperson, Godrej Properties Limited, said: “Godrej Properties delivered another solid quarter for bookings and earnings. We have achieved a remarkable increase in scale in the past three and a half years. Our quarterly bookings in Q2 is higher than our annual bookings of FY22. 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. The equity capital of INR 6,000 crore we raised through a QIP last 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 on-track to surpass our booking value guidance for FY26 and deliver sustained high-quality performance across all key operating metrics.”

Financial Overview (Consolidated)

Q2 FY26 performance overview compared with Q2 FY25

Total Income grew by 39% to INR 1,867 crore as compared to INR 1,343 crore

EBITDA grew by 118% to INR 614 crore as compared to INR 282 crore

Net Profit grew by 21% to INR 405 crore as compared to INR 335 crore

EPS# amounted to INR 13.45 as compared to INR 12.06

#not annualised

H1 FY26 performance overview compared with H1 FY25

Total Income grew by 16% to INR 3,460 crore as compared to INR 2,981 crore

EBITDA grew by 45% to INR 1,529 crore as compared to INR 1,056 crore

Net Profit grew by 18% to INR 1,005 crore as compared to INR 855 crore

EPS# amounted to INR 33.37 as compared to INR 30.76

#not annualised