Market Performance
On Tuesday, Godrej Properties' share price increased by over 6% during intraday trading. The stock opened at ₹2,012.05 on the BSE, reached an intraday high of ₹2,051.30, and touched a low of ₹1,952.
Quarterly and Annual Booking Update
Godrej Properties reported its highest-ever booking value for the fourth quarter (Q4FY25) and the full financial year (FY25).
Q4FY25 Bookings
- Total Bookings: ₹10,163 crore
- Quarter-on-Quarter Growth: 87%
- Year-on-Year Growth: 7%
- Units Sold: 3,703 homes
- Area Sold: 7.52 million square feet
This marks the first time the company has crossed the ₹10,000 crore threshold in quarterly bookings.
FY25 Bookings
- Total Bookings: ₹29,444 crore
- Year-on-Year Growth: 31%
- Units Sold: 15,302 homes
- Area Sold: 25.73 million square feet
- Volume Growth: 29% YoY
The fourth quarter also represented the seventh consecutive quarter, where the company posted booking values exceeding ₹5,000 crore.
Project Contributions
Several new project launches contributed significantly to the Q4FY25 performance:
- Godrej Riverine, Noida: Booking value over ₹2,000 crore
- Godrej Astra, Gurugram: Booking value over ₹1,000 crore
- Godrej Madison Avenue, Hyderabad: Booking value over ₹1,000 crore
Key regional contributions to FY25 bookings:
- NCR: Over ₹10,500 crore
- MMR: Over ₹8,000 crore
- Bengaluru: Over ₹5,000 crore
Company Statement
In a stock exchange filing, the company noted that its sales bookings have compounded at an annual growth rate of 55% over the past three years. This reflects a significant scale-up in operations and consistent performance in the real estate sector.
Summary
Godrej Properties recorded substantial growth in quarterly and annual bookings, backed by strong project launches and regional contributions. The Q4FY25 performance marks a milestone, with the company achieving its highest-ever quarterly bookings, driven by a steady increase in volume and value across multiple markets.
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