StocksMedium•23 October 2026•
1 min read
Godrej Properties Q2 Profit Drops 62% Despite Record Pre-sales Performance
Key Facts
1Godrej Properties reported a 62% year-on-year decline in Q2 net profit to ₹154 crore.
2The profit drop was driven by a 47% reduction in other income, which fell to ₹636.56 crore.
3Pre-sales reached ₹8,008 crore, exceeding analyst estimates of ₹7,507 crore.
Godrej Properties reported a 62% year-on-year decline in Q2 net profit to ₹154 crore. Business Upturn reported that the profit drop was primarily driven by a 47% reduction in other income, which fell to ₹636.56 crore during the period.
Pre-sales for the quarter ended September 30, 2026, reached ₹8,008 crore, exceeding analyst estimates of ₹7,507 crore. The company's operational revenue showed significant growth, jumping 161% to ₹1,935.17 crore despite the headline profit miss.