Godrej Properties Q2 results for the second quarter of the 2026-2027 financial year show a 62 per cent year-on-year decline in consolidated net profit, dropping to ₹154 crore. During the corresponding period in the previous fiscal year, the company had reported a net profit of ₹405 crore, according to the official financial filing.
The real estate developer recorded total income of ₹2,575 crore during the July-September quarter, marking a 38 per cent increase from ₹1,867 crore in Q2FY26. However, earnings before interest, tax, depreciation and amortisation fell 72 per cent to ₹171 crore compared to ₹614 crore in the same period last year.
The firm registered sales worth ₹8,000 crore in the second quarter of Q2FY27. For the half-year period ending September 30, the booking value grew 7 per cent year-on-year to reach ₹16,659 crore, marking the highest-ever first-half booking value achieved by Godrej Properties Ltd (GPL).
Key Points Of The Godrej Properties Q2 Results
- Consolidated net profit stood at ₹154 crore, down 62 per cent year-on-year from ₹405 crore.
- Total income grew 38 per cent to ₹2,575 crore compared to ₹1,867 crore in Q2FY26.
- Sustenance sales grew 83 per cent year-on-year to ₹5,054 crore in the second quarter.
- Operating cash flow surged 297 per cent quarter-on-quarter and 33 per cent year-on-year to ₹1,584 crore.
Operating Performance And Collections
Commenting on the performance, Pirojsha Godrej, chairperson of Godrej Properties Ltd, noted the strong operational metrics despite the muted headline earnings and bookings figures for the quarter. Sustenance sales recorded an 83 per cent year-on-year growth to ₹5,054 crore, while cash collections grew 31 per cent year-on-year to ₹5,318 crore.
The developer recorded its highest-ever second-quarter and first-half collections. Collections grew 31 per cent year-on-year in Q2FY27 to ₹5,318 crore, and rose 25 per cent in H1FY27 to ₹9,666 crore. Furthermore, the company’s operating cash flow in the second quarter grew 297 per cent quarter-on-quarter to ₹1,584 crore.
Outlook For FY28 And Financial Projections
Looking ahead, the company outlined its expectations for future financial performance under project completion accounting. Pirojsha Godrej stated that FY28 will be an important year where the exceptional growth of the past few years becomes apparent in reported financials.
The company expects to deliver both positive free cash flow and a 20 per cent reported return on equity (ROE) in FY28. Additionally, GPL remains focused on generating strong cash flows, expecting collections of ₹15,000 crore and an operating cash flow of ₹7,000 crore in the second half of FY27. The latest Godrej Properties Q2 results highlight this ongoing operational momentum alongside shifting financial recognitions.
Frequently Asked Questions
What was the net profit of Godrej Properties in Q2FY27?
Godrej Properties Ltd reported a consolidated net profit of ₹154 crore for the second quarter of the 2026-2027 financial year, marking a 62 per cent decline compared to the previous year.
What were the total sales and collections for Godrej Properties in the second quarter?
Godrej Properties registered sales worth ₹8,000 crore in the second quarter, while collections grew 31 per cent year-on-year to reach ₹5,318 crore.
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