Godrej Properties has revealed its financial performance for the fourth quarter of FY25, showcasing a net profit of ₹380 crore, a decline from ₹480 crore recorded in the same quarter of the previous year. This result fell short of market expectations. The real estate firm has launched an impressive 34 projects across seven cities, covering a substantial area of 29.2 million square feet.
Financial Highlights for Q4 FY25
In a recent regulatory filing, Godrej Properties reported a significant rise in total income, which climbed to ₹2,681.06 crore in Q4 FY25, up from ₹1,914.82 crore during the same period last year. Over the entire fiscal year of 2024-25, the company’s net profit surged to ₹1,399.89 crore, a substantial increase from ₹725.27 crore recorded in the prior year. Total income also saw growth, reaching ₹6,967.05 crore, compared to ₹4,334.22 crore in FY24.
Future Outlook and Guidance for FY26
Looking ahead, Godrej Properties has provided cautious guidance for FY26, forecasting lower business development compared to FY25. The company anticipates FY26 business development to be around ₹20,000 crore, a decrease from the ₹26,450 crore achieved in FY25. Additionally, Godrej Properties is aiming for residential bookings worth ₹32,500 crore for FY26, driven by new project launches and robust sales.
Performance of Godrej Properties Shares
As of now, Godrej Properties shares are trading at ₹2,184, showing a slight gain of 1% for the day. In the past week, the stock has risen nearly 4%, and it has experienced a 2% increase over the last month. However, the stock has faced challenges over the longer term, with a 22% decline in the last six months and a 13% drop over the past year. Year-to-date, shares of Godrej Properties have fallen by 21%.
- Market Capitalization: ₹65,690 crore
- 52-week High: ₹3,402.70
- 52-week Low: ₹1,900.00
In conclusion, Godrej Properties is navigating a complex landscape with mixed financial results and cautious projections for the future. The company’s commitment to expanding its project portfolio while managing market expectations will be crucial as it moves forward.
