Godrej Properties posted a 21% year-on-year rise in net profit to Rs 405 crore in the second quarter of FY26, beating analyst estimates. Sequentially, profit grew 33%. The company had posted a profit of Rs 335 crore in the year-ago period, and analysts estimated profit to rise to Rs 349 crore in the second quarter of the current financial year.

However, the company missed analyst estimates on revenues by a wide margin and posted a revenue of Rs 740 crore, down 32% from Rs 1,093 crore in the year-ago period. Analysts expected a revenue of Rs 1,223 crore. The company posted a negative Ebitda of Rs 513 crore (excluding other income) compared to the Ebitda of Rs 32 crore in Q2FY25.

“We have achieved a remarkable increase in scale in the past three-and-a-half years. Our quarterly bookings

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