Conference Call with Godrej Properties Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Realty company Godrej Properties announced H1FY25 & Q2FY25 results Q2FY25 Financial Highlights: Total Income grew by 135% to Rs 1,343 crore as compared to Rs 571 crore. EBITDA grew by 69% to Rs 282 crore as compared to Rs 167 crore. Net Profit grew by 402% to Rs 335 crore as compared to Rs 67 crore EPS amounted to Rs 12.06 as compared to Rs 2.40. H1FY25 Financial Highlights: Total Income grew by 58% to Rs 2,981 crore as compared to Rs 1,886 crore. EBITDA grew by 167% to Rs 1,056 crore as compared to Rs 396 crore. Net Profit grew by 345% to Rs 855 crore as compared to Rs 192 crore. EPS amounted to Rs 30.76 as compared to Rs 6.90. Pirojsha Godrej, Executive Chairperson, Godrej Properties, said: “Godrej Properties delivered a robust quarter with its highest ever Q2 and H1 bookings, collections, operating cashflows, and deliveries. With bookings growth of 56% in FY23, 84% in FY24 and 90% in H1FY25, GPL has reset its scale. The benefit of this is clearly visible in our cash flows with collections growth of 68% and operating cash flow growth of 125% in Q2. With a robust launch pipeline, strong balance sheet, and resilient demand, we are on-track to significantly surpass our bookings target of Rs 27,000 cores in FY25 while also achieving our highest ever deliveries and collections. The sectoral tailwinds for the residential real estate sector in India will continue over the next few years and we remain focused on building scale through continued market share gains and margin expansion.” Result PDF