Processing .....please wait.. 
The article has been forwarded.... 
Real Estate >> News
Godrej Properties Bets Big on Worli as PAT Declines
By
siliconindia
|
Thursday, November 6, 2025
.png){kind=logo}
- Godrej Properties’ profit fell 32% sequentially to Rs 402.99 crore, while revenue rose 70% QoQ.
- RERA approval received for Godrej Trilogy, a 3-tower project in South Mumbai with ~Rs 10,000 crore potential.
- Stock dipped nearly 3% intraday following the announcement.
Godrej Properties Limited (GPL) reported a consolidated profit after tax (PAT) of Rs 402.99 crore for the second quarter of FY26 (Q2 FY26), marking a 32 per cent decline compared to Rs 598.40 crore in the previous quarter (Q1 FY26), according to an exchange filing on Thursday.
However, the company’s revenue from operations for the quarter rose 70 per cent sequentially to Rs 740.38 crore from Rs 434.56 crore in Q1 FY26. On a year-on-year basis, revenue declined nearly 32 per cent from Rs 1,093.23 crore in Q2 FY25, while PAT grew nearly 21 per cent from Rs 333.79 crore during the same period last year.
Gaurav Pandey, MD & CEO of Godrej Properties, highlighted the importance of the company receiving RERA approval for its upcoming Worli project. “Receiving RERA approval for our Worli project marks an important step forward in our development timeline. The location offers a rare combination of scale, connectivity, and visibility”, he said.
The project, named Godrej Trilogy, will be a joint development on a 2.63-acre prime land parcel in South Mumbai, comprising three towers. The total estimated revenue potential of the project is over Rs 10,000 crore. Pandey added, “This project strengthens our presence in South Mumbai and aligns with our strategy of acquiring and developing high-potential urban land parcels. We aim to deliver a landmark development that offers residents an outstanding quality of life”.
Following the announcement, shares of Godrej Properties fell over 3 per cent in intraday trade, hitting a low of Rs 2,186.60. At around 3:36 pm, the stock was trading at Rs 2,226.10, down 2.93 per cent.
With strong project pipelines like Godrej Trilogy, the company looks to maintain growth momentum despite short-term fluctuations in quarterly profits.
Read More News :
|
|
