Godrej Properties Limited announced its consolidated financial results for the third quarter ended December 31, 2025, reporting strong growth across bookings, collections, profitability, and business development.
The company’s booking value increased 55% year-on-year to ₹8,421 crore in Q3 FY26 and rose 25% year-on-year to ₹24,008 crore in the nine months ended December 2025. Collections grew 40% year-on-year to ₹4,282 crore in Q3 FY26 and 19% year-on-year to ₹12,018 crore during the nine-month period.
Godrej Properties delivered its highest-ever net profit of ₹195 crore for a third quarter and ₹1,200 crore for the nine-month period.
In Q3 FY26, the company sold 3,973 homes with a total area of 6.43 million sq. ft., while sales during the nine-month period comprised 12,726 homes with a total area of 19.74 million sq. ft. The company stated that this represents its highest-ever Q3 and nine-month booking value.
The company delivered booking value of more than ₹7,000 crore for the fourth consecutive quarter and over ₹5,000 crore for the tenth consecutive quarter. Godrej Properties has achieved 74% of its annual booking value guidance and remains on track to exceed its FY26 guidance of ₹32,500 crore.
The Mumbai Metropolitan Region contributed ₹3,239 crore, accounting for 38% of Q3 FY26 booking value, led by the successful launch of Godrej Trilogy at Worli, which achieved booking value of ₹1,742 crore during the quarter. The company undertook 11 new project and phase launches across nine cities during the quarter.
Collections for Q3 FY26 stood at ₹4,282 crore, while collections for the nine-month period were ₹12,018 crore. Operating cash flow increased 73% year-on-year to ₹1,062 crore in Q3 FY26, while operating cash flow for the nine-month period declined 7% to ₹3,199 crore. Direct construction spend increased 66% year-on-year during the nine-month period.
In business development, Godrej Properties added three new projects during Q3 FY26 with an estimated saleable area of 7.30 million sq. ft. and an expected booking value of ₹8,400 crore. During the nine-month period, the company added 12 new projects with an estimated saleable area of 22.36 million sq. ft. and expected booking value of ₹24,650 crore, achieving 123% of its annual guidance within nine months.
The company delivered projects aggregating approximately 1.7 million sq. ft. across three cities during the quarter. It was included in the Leadership Index of CDP with an ‘A’ rating in 2025 and recognised as a supply chain leader in CDP’s Supplier Engagement Assessment, with inclusion in the A-list for the 2024 disclosure cycle. Godrej Properties also received approval and validation from the Science Based Targets initiative on its near-term, long-term and Net Zero goals in December 2025.
During Q3 FY26, the company received 42 awards. Promoters increased their stake by 0.5% in FY26 year-to-date through open market purchases aggregating ₹300 crore.
Commenting on the performance of Q3 FY2026, Mr. 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.”
On the financial front, total income declined 17% year-on-year to ₹1,020 crore in Q3 FY26, while EBITDA increased 21% to ₹338 crore. Net profit grew 20% to ₹195 crore and earnings per share stood at ₹6.48.
For the nine months ended December 31, 2025, total income rose 7% to ₹4,480 crore, EBITDA grew 40% to ₹1,867 crore, and net profit increased 18% to ₹1,200 crore. Earnings per share for the period stood at ₹39.85.
