Godrej Properties posts record ₹8,651 crore Q1 bookings, targets ₹39,000 crore for FY27
Godrej Properties’ Q1 FY27 sales bookings rose 22% year-on-year to ₹8,651 crore, while net profit fell 42% to ₹350 crore. The developer expects resilient branded-housing demand, new launches and sector consolidation to support more than ₹39,000 crore in FY27 bookings.
Godrej Properties reported record Q1 FY27 bookings of ₹8,651 crore despite lower accounting-recognized profit and income. It targets over ₹39,000 crore in FY27 sales bookings, supported by resilient branded-housing demand, new project additions and market-share consolidation.
Why this matters
The record Q1 follows recent signals that Godrej Properties’ bookings rose 22% even as Q1 profit fell 42%, reinforcing a pattern of sales growth outpacing earnings.
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