Godrej Properties Q2 FY27: Bookings of ₹8,008 Crore, Collections Up 31% as Profit Falls 62%

Godrej Properties booked sales worth ₹8,008 crore in Q2 FY27, slightly below the ₹8,505 crore of a year earlier. Customer collections rose 31% to ₹5,318 crore, while net profit fell 62% to ₹154 crore as fewer projects were completed and recognised in the quarter.

How did Godrej Properties perform in Q2 FY27?

• Booking value: ₹8,008 crore, down 6% year on year
• Homes sold: 3,658, covering 6.2 million Sq.Ft.
• Collections: ₹5,318 crore, up 31%; H1 collections ₹9,666 crore
• Total income: ₹2,575 crore, up 38%
• Net profit: ₹154 crore, down 62%
• Operating cash flow: ₹1,584 crore, up 33%

Which Godrej projects in Bengaluru and Hyderabad sold the most?

Among the new launches, Godrej Brooklyn Avenue in Hyderabad sold ₹727 crore, Godrej Regent Park in Bengaluru ₹463 crore and Godrej Florenne in Whitefield ₹142 crore. In ongoing projects, Godrej Vanantara in Bengaluru crossed ₹500 crore of sales. About 63% of the quarter’s bookings came from projects already on sale, which grew 83% year on year.

How much does Godrej plan to sell in H2 FY27?

Godrej expects bookings of ₹22,500 to 25,000 crore in H2 FY27 from launches worth about ₹32,000 crore, and full-year booking growth of 15 to 20%. Its H2 pipeline includes Neopolis in Hyderabad along with Mumbai, Pune, Gurugram, Noida and Ahmedabad projects.

Is it safe to buy a Godrej project after the profit drop?

Rising collections and positive operating cash flow mean buyers are paying on schedule and construction is funded, which matters more to a buyer than one quarter’s profit. With a large H2 launch pipeline, expect new Godrej phases and towers to open over the coming months. For comparison, see the company’s Q2 FY26 results.