GODREJ PROPERTIES LTD

Godrej Properties Limited reported a booking value of INR 8,651 crores for Q1 FY 2027, reflecting a year-on-year growth of 22% from the sale of 3,738 homes. This marks the sixth consecutive quarter of exceeding INR 7,000 crores in booking value, driven by strong demand from new project launches, particularly Godrej Vanantara and Godrej Samaris. Collections for the quarter reached INR 4,348 crores, an 18% increase year-on-year, while operating cash flow declined by 58% to INR 399 crores. The company added three new projects with an estimated saleable area of 8 million square feet and a projected booking value of INR 9,500 crores. Total income for the quarter decreased by 16% to INR 1,337 crores, with EBITDA and net profit declining by 40% and 42%, respectively. Management remains confident in achieving its annual guidance for booking value and business development, citing a robust launch pipeline and strong balance sheet.

The document presented both strong sales growth and significant declines in income and profit.