Godrej Properties’ Q1 profit falls 42% as bookings rise 22% to Rs 8,651 crore
Godrej Properties reported Q1FY27 net profit of Rs 350 crore, while revenue rose 16.5% to Rs 506 crore. The developer sold 3,738 homes, added three projects with Rs 9,500 crore potential booking value and retained its FY27 guidance.
Godrej Properties reported Q1FY27 profit decline despite higher revenue and record Rs 8,651 crore bookings. It added three projects, approved merger of Godrej Housing Projects, and retained FY27 booking, collections and operating-cash-flow targets.
Why this matters
The results confirm Godrej Properties’ recent pattern: two prior signals also reported Q1 bookings of Rs 8,651 crore, up 22%, alongside a 42% profit decline.
Retail-company signals are accelerating, up 200800% QoQ.