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Godrej Properties likely exceeds ₹32,500 crore pre-sales target for FY2025-26, driven by strong demand and a major Mumbai launch.
Godrej Properties may exceed its ₹32,500 crore pre-sales target for FY2025-26, with ₹15,587 crore in pre-sales in the first half—13% higher than last year—achieving 48% of its annual goal.
Strong demand in Delhi-NCR, Mumbai, Bengaluru, Hyderabad, and Pune, along with a major ₹10,000 crore launch in Worli, Mumbai, supports the outlook.
Despite slower collections due to monsoon delays, the company remains on track to meet its ₹21,000 crore collection target, aided by expected delivery acceleration.
Financially, net profit rose 21% to ₹402.99 crore in Q2, with income at ₹1,950.05 crore, backed by a ₹6,000 crore equity raise and strong cash flow.
Es probable que Godrej Properties supere el objetivo de ventas previas de ₹32,500 crore para el año fiscal 2025-26, impulsado por una fuerte demanda y un gran lanzamiento en Mumbai.