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2 min read | Updated on May 02, 2025, 13:19 IST
SUMMARY
Godrej Properties' earnings before interest, taxes, depreciation, and amortisation (EBITDA) declined by 2% to ₹634 crore in the quarter under review, compared to ₹471 crore in Q4 FY24.
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Godrej Properties' total income grew by 36% YoY to ₹2,646 crore. | Image: Godrejproperties.com
Revenue from operations stood at ₹2,121.73 crore in the March FY25 quarter, up 48.77% from ₹1,426.09 crore in the same period of the previous fiscal year.
Earnings before interest, taxes, depreciation, and amortisation (EBITDA) declined by 2% to ₹634 crore in the quarter under review, compared to ₹649 crore in Q4 FY24.
The stock is trading 1.2% higher at ₹2,187.5 apiece on the National Stock Exchange (NSE) at 1:07 pm.
Godrej Properties, in an exchange filing, said it delivered its highest ever quarterly and full-year bookings in terms of booking value and area sold.
"FY25 booking value grew 31% YoY to ₹29,444 crore through sale of 15,302 homes with a total area of 25.73 million sq. ft., a YoY volume growth of 29%," it said.
The company said that it achieved the highest cumulative booking value of ₹84,704 crore for any real estate developer since the financial year 2019-20, with ₹64,203 crore sold since FY23.
Pirojsha Godrej, executive chairperson of Godrej Properties, said, "Godrej Properties delivered a record-breaking financial year 2025 with its highest ever bookings, collections, operating cashflows, earnings and deliveries as well as a strong year for business development. It is the 8th consecutive year of booking value growth for the company indicating the resilience of the company to grow through various macroeconomic cycles. Our sales bookings over the last 3 years have compounded at an annual growth rate of 55%."
He said that the company intends to grow residential bookings to more than ₹32,500 crore by launching exciting new projects.
"This combined with strong construction progress will allow us to maintain rapid growth in operating cash flows as well. With a robust launch pipeline, strong balance sheet, and sectoral tailwinds, we are confident of continuing the momentum in FY26," he added.
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