Godrej Properties Limited (GPL) reported booking value of ₹8,008 crore in Q2 FY27, taking its H1 FY27 bookings to ₹16,659 crore, a 7% year-on-year increase and its highest-ever first-half performance.
The company sold 7,396 units covering 12.3 million sq. ft. during the first half. Sustenance sales grew 83% year-on-year in Q2 and 55% in H1. Collections increased 31% to ₹5,318 crore in Q2 and 25% to ₹9,666 crore in H1. Operating cash flow stood at ₹1,584 crore for Q2 and ₹1,983 crore for H1.
Godrej Properties added four projects with an estimated saleable area of 9.1 million sq. ft. and an expected booking value of ₹15,500 crore during H1 FY27.
Commenting on the performance, Mr. Pirojsha Godrej, Chairperson, Godrej Properties Limited, said: “While some of the headline earnings and bookings numbers for the quarter look muted, Q2 was a very strong operating quarter with sustenance sales growth of 83% YoY to INR 5,054 crore and cash collections growth of 31% YoY to INR 5,318 crore.”
The company expects launches to pick up substantially in the coming months and remains confident of surpassing its full-year guidance across key operating metrics.
