Godrej Properties Shatters Records: Q4 Sales Bookings Cross ₹10,000 Crore, Sets New Industry Benchmark

Godrej Properties has reported a robust financial performance for the March quarter of FY25, with consolidated revenue from operations at ₹2,122 crore and net profit up at ₹382 crore. This represents a year-on-year increase, demonstrating the company's sustained momentum in India's thriving real estate market.

 

The firm's highest-ever quarterly sales bookings were recorded, worth ₹10,163 crore-a 7% rise from the same quarter last year and a whopping 87% rise from the last quarter. This was fueled by the sale of 3,703 homes, with a total area of 7.52 million square feet. For the entire fiscal year, Godrej Properties posted sales bookings of ₹29,444 crore, a 31% year-on-year rise, making it India's largest listed real estate developer by booking value.

 

Management credited this outstanding performance to strong demand in major markets, effective new project additions, and a healthy growth pipeline for the future. The company's regular delivery, good balance sheet, and judicious capital raising have well-placed it for sustained growth in the next quarters.

 

Source: Business Standard, CNBC TV18, The Hindu BusinessLine