Godrej Properties reported a strong rise in consolidated earnings for the quarter ended March 31, 2026, supported by robust execution and higher revenue recognition. Revenue from operations surged 63.22% year-on-year (YoY) to ₹3,458.13 crore from ₹2,121.73 crore, while profit attributable to owners of the company rose 68.17% YoY to ₹649.88 crore from ₹381.99 crore.
Total income for the quarter stood at ₹3,806.65 crore compared to ₹2,681.06 crore in the corresponding period last year. Total expenses increased to ₹3,023.14 crore from ₹2,078.82 crore, driven by higher construction costs and other project-related expenses, in line with the scale-up in operations.
At the operating level, EBITDA stood at ₹522.24 crore for the quarter, compared to ₹109.96 crore in the year-ago period, registering a sharp growth of 374.90%. EBITDA margin improved significantly to 15.10% from 5.18%, reflecting strong operating leverage amid higher revenue recognition.
Finance costs rose to ₹51.63 crore from ₹45.98 crore, while depreciation and amortisation expense increased to ₹35.62 crore from ₹21.07 crore.
Profit after tax stood at ₹645.44 crore compared to ₹378.44 crore a year ago. Earnings per share (EPS) came in at ₹21.58 versus ₹12.68 in the corresponding quarter last year.
The company also shared its operational guidance and performance metrics, highlighting a strong FY26 execution. Launch value stood at ₹42,200 crore against a guidance of ₹40,000 crore, achieving 106%, while booking value came in at ₹34,171 crore versus a target of ₹32,500 crore, translating to 105% achievement. Customer collections were slightly below guidance at ₹19,965 crore compared to ₹21,000 crore, achieving 95%. Deliveries during the year reached 12.1 million square feet, exceeding the guidance of 10 million square feet with a 121% achievement. Business development saw a sharp outperformance, with ₹42,100 crore achieved against a guidance of ₹20,000 crore, reflecting a 211% achievement.
For FY27, the company has set guidance of ₹48,000 crore in launch value, ₹39,000 crore in booking value, ₹24,000 crore in customer collections, and 13.5 million square feet in deliveries, while maintaining business development guidance at ₹20,000 crore.
Godrej Properties is one of India’s leading real estate developers, focused on residential, commercial and township projects across major cities.
Overall, the company delivered a strong performance in the March quarter, with significant growth in revenue and profitability supported by higher project completions and improved execution.