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Godrej Properties Shines in Q3 of FY 2025

Godrej Properties has reported an impressive run in the third quarter of FY 25. The company’s financial results displayed a net profit of ₹162.64 crore, which marks a remarkable increase of 161% compared to the same period last year.

The results are an indicator of the company’s strong performance in the competitive Indian real estate market. Revenue from their operations also was up by 193% year-on-year, reaching ₹968.88 crore, driven by strong demand in the residential sector.

In fact, their latest luxury residential offering, Godrej Astra, right on Gurgaon’s most sought-after address, Golf Course Road, is expected to set higher records than their previous offerings.

Despite a slight decline in total sales value, which fell by 4.8% year-on-year to ₹5,446 crore, Godrej Properties has maintained its momentum with over ₹5,000 crore in bookings for six consecutive quarters. The company’s earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 85% to ₹280 crore, reflecting effective cost management and operational efficiency.

Pirojsha Godrej, Executive Chairperson of Godrej Properties, was confident that the company is on track to surpass its annual bookings guidance of ₹27,000 crore for FY25, supported by a strong launch pipeline and resilient market demand. In addition to its financial successes, Godrej Properties raised ₹6,000 crore through a qualified institutional placement (QIP) to fuel future growth.

With these positive results and strategic initiatives in place, Godrej Properties is well-positioned to continue its upward trajectory in the Indian real estate market as it moves forward this year.

If you are interested in owning a Godrej property, contact Team Save Max and we shall ensure you get the right home for you.

Sources: Realty Economic Times

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