Godrej Properties Limited announced its financial results for the third quarter ended December 31, 2025, reporting significant year-on-year growth in booking value, collections, and net profit.
Booking value for Q3 FY26 rose 55% year-on-year to ₹8,421 crore, while booking value for the nine-month period increased 25% year-on-year to ₹24,008 crore. Collections grew 40% year-on-year to ₹4,282 crore in Q3 FY26 and increased 19% year-on-year to ₹12,018 crore for the nine months ended December 2025.
The company delivered its highest-ever third-quarter net profit of ₹195 crore and its highest-ever nine-month net profit of ₹1,200 crore.
During Q3 FY26, Godrej Properties achieved booking value of ₹8,421 crore through the sale of 3,973 homes with a total area of 6.43 million sq. ft. For the nine-month period, booking value of ₹24,008 crore was achieved through the sale of 12,726 homes with a total area of 19.74 million sq. ft., marking the highest-ever Q3 and nine-month booking value for the company.
Godrej Properties delivered more than ₹7,000 crore of booking value for the fourth consecutive quarter and more than ₹5,000 crore for the tenth consecutive quarter. The company has achieved 74% of its annual booking value guidance and remains on track to beat its FY26 booking value guidance of ₹32,500 crore.
The Mumbai Metropolitan Region contributed ₹3,239 crore, or 38%, to Q3 FY26 booking value, supported by the launch of Godrej Trilogy at Worli, which recorded booking value of ₹1,742 crore during the quarter. The company launched 11 new projects and phases across nine cities during the quarter.
Collections for Q3 FY26 stood at ₹4,282 crore, while nine-month collections were ₹12,018 crore. Operating cash flow grew 73% year-on-year to ₹1,062 crore in Q3 FY26, while operating cash flow declined 7% to ₹3,199 crore in the nine-month period. Direct construction spend increased 66% year-on-year during the nine-month period.
In Q3 FY26, the company added three new projects with an estimated saleable area of 7.30 million sq. ft. and expected booking value of ₹8,400 crore. During the nine-month period, Godrej Properties 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 Q3 FY26. 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. The company 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 the quarter, Godrej Properties received 42 awards. Promoters increased their stake by 0.5% in FY26 year-to-date through open market purchases amounting to ₹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.”
Financially, Q3 FY26 total income declined 17% year-on-year to ₹1,020 crore, while EBITDA grew 21% to ₹338 crore. Net profit increased 20% to ₹195 crore and earnings per share stood at ₹6.48.
For the nine-month period, total income grew 7% to ₹4,480 crore, EBITDA rose 40% to ₹1,867 crore, and net profit increased 18% to ₹1,200 crore. Earnings per share for the period stood at ₹39.85.
