Godrej Properties bookings rise 22% despite 42% Q1 profit fall
Godrej Properties recorded ₹8,651 crore in Q1 FY27 bookings, led by ₹3,237 crore at Bengaluru’s Godrej Vanantara, even as lower deliveries pulled net profit down 42% to ₹350 crore. The developer retained its ₹39,000 crore full-year booking guidance.
Godrej Properties reported a 42% Q1 FY27 profit decline on lower deliveries, while bookings rose 22% to ₹8,651 crore. Bengaluru’s Godrej Vanantara drove ₹3,237 crore of bookings; management retained FY27 guidance despite higher debt and construction outflows.
Why this matters
The update follows recent Godrej Properties signals reporting the same Q1 pattern: bookings reached ₹8,651 crore, up 22%, while profit fell 42%, highlighting a sales-versus-deliveries split.
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