Why Did Godrej Properties Report a 19% Drop in Q4 Profit?
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Synopsis
Discover the latest financial report from Godrej Properties, revealing a significant drop in Q4 profit despite record growth in revenue. What does this mean for the real estate giant’s future? Dive into the details of their performance and insights from the leadership that showcase resilience and growth amidst challenges.
Key Takeaways
- 19% decline in Q4 profit compared to last year.
- Revenue grew by 49% YoY in Q4 FY25.
- Achieved Rs 29,444 crore in booking value for FY25.
- 8th consecutive year of booking value growth.
- Largest residential developer in India by booking value.
Mumbai, May 2 (NationPress) Godrej Properties disclosed a 19 percent decrease in net profit, which amounted to Rs 382 crore for the fourth quarter of the financial year 2024-25 (Q4 FY25). This marks a decline from Rs 471 crore in the same quarter of the previous fiscal year (Q4 FY24).
The real estate firm also noted an EBITDA of Rs 634 crore for the quarter, a slight dip from the Rs 649 crore recorded in the corresponding quarter last year.
Nonetheless, net profit showed an increase compared to the previous quarter (Q3), when it was at Rs 163 crore, as indicated in their filing with the stock exchange.
Despite the yearly profit drop, the company’s revenue from operations exhibited robust growth.
Revenue surged 49 percent year-on-year (YoY) and 119 percent quarter-on-quarter (QoQ), hitting Rs 2,122 crore in the March 2025 quarter.
Pirojsha Godrej, the company’s executive chairperson, stated that they have achieved their highest-ever performance across key metrics this year.
“It marks the 8th consecutive year of booking value growth for us, showcasing our resilience to thrive through varying macroeconomic cycles,” Pirojsha Godrej noted.
“Our sales bookings over the last three years have compounded at an annual growth rate of 55 percent. This transformation has positioned GPL as the largest real estate developer in India by booking value for the second consecutive year,” he added.
For the complete financial year FY25, Godrej Properties set record performances in bookings, earnings, collections, and deliveries.
The company affirmed its status as India’s largest residential real estate developer by both booking value and volume.
Booking value increased by 29 percent to Rs 29,444 crore in FY25, compared to Rs 22,527 crore in FY24, as per their filings with the stock exchange.
Point of View
The financial report of Godrej Properties presents a complex picture. While the drop in profit raises questions, the significant growth in revenue indicates the company's strong market position and ability to navigate challenges. This resilience is essential for stakeholders to consider as they evaluate future investments in the real estate sector.
NationPress
20/06/2025
Frequently Asked Questions
What caused the decline in Godrej Properties' Q4 profit?
The decline in profit can be attributed to various factors, including increased operational costs and market fluctuations.
How did Godrej Properties perform in terms of revenue?
Despite a profit drop, the company reported a remarkable 49% growth in revenue year-on-year, reaching Rs 2,122 crore.
What is the significance of the 8th consecutive year of booking value growth?
It indicates the company’s resilience and consistent performance through various economic cycles, reflecting a strong market standing.
How does Godrej Properties compare to competitors in the real estate sector?
Godrej Properties remains India’s largest residential real estate developer by both booking value and volume.
What are the future growth prospects for Godrej Properties?
With a compounded annual growth rate of 55% in sales bookings over the last three years, the company is well-positioned for future growth.
