Godrej Properties has announced its Q4 results. The company has deliver net profit of Rs 380 crore in Q4FY25 Vs 480 crore in the same quarter last fiscal. This was below estimate. The real estate company has launched 34 projects across 7 cities with an aggregate area of 29.2 million square feet.
The total income increased to Rs 2,681.06 crore in the fourth quarter of the last fiscal year from Rs 1,914.82 crore in the corresponding period of the preceding year, according to a regulatory filing.During the full 2024-25 fiscal, the company’s net profit rose to Rs 1,399.89 crore from Rs 725.27 crore in the preceding fiscal.Total income grew to Rs 6,967.05 crore last fiscal from Rs 4,334.22 crore in the 2023-24 fiscal.
The company has also announced muted guidance for FY26 in comparison to FY25. It has said that, Godrej Properties expects FY26 business development to be lower than FY25. The FY26 business development is seen around Rs 20,000 crore. This is lower than the 26,450 crore done in FY25. The property major is also targetting residential bookings worth Rs 32,500 crore in FY26. This will be on the back of new projects combined with strong sales, as per the company.
Godrej Properties share performance
The share price of Godrej Properties is currently trading at Rs 2,184, reflecting a 1% increase on the day. Over the past five days, the stock has surged by nearly 4%, while it has seen a 2% gain over the last month. However, looking at the longer-term performance, the stock has experienced a 22% decline over the past six months and a 13% drop in the last year. On a year-to-date (YTD) basis, Godrej Properties’ share price has fallen by 21%.
The company currently holds a market capitalization of Rs 65,690 crore. Its 52-week high stands at Rs 3,402.70, while the 52-week low is Rs 1,900.00.