Name: Latest research reports of Godrej Properties Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Godrej Properties Ltd.
Rating: 3
Author: ICICI Securities Limited

On track to achieve FY25 guidance driven by launches

Hold: Godrej Properties Ltd.

Recommendation Target

ICICI Securities Limited

Godrej Properties (GPL) clocked strong Q3FY25 gross sales bookings of 4.1msf worth INR 54.5bn, led by over 2msf of launches across India. Buoyed by a strong 9MFY25 performance, wherein it achieved gross sales bookings of INR 193bn.