Realty major Godrej Properties reported a 21 per cent year-on-year decline in consolidated profit after tax (PAT) at Rs 378.44 crore for the quarter ended March 2025, compared to Rs 478.01 crore in the same quarter last year. Despite the earnings drop, shares of the company were trading 1.46 per cent higher at Rs 2,193.10 on the NSE in Friday’s session.
The management remained optimistic, guiding for a sharp rise in residential bookings to Rs 32,500 crore in FY26. The company said this would be driven by the launch of large-scale new projects and sustained strong demand.
Godrej Properties also highlighted robust construction progress, which is expected to support rapid growth in operating cash flows during the upcoming fiscal.
The guidance comes after the company achieved its highest-ever annual sales in FY25, and the management sees strong visibility across key micro-markets.
More to come..
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