Godrej Properties profit drops 62% to ₹154cr amid rising costs

Business Oct 23, 2026

Godrej Properties just posted a 62% drop in profit for Q2, landing at ₹154 crore, even though its sales shot up.

The main culprit? Raw material costs climbed fast, eating into their gains.

Godrej Properties revenue up 161.4% ₹1935cr

Revenue soared by 161.4% to ₹1,935 crore, but expenses jumped nearly as much, up 90.4% to ₹2,477 crore, thanks to higher raw material costs.

After the news broke, Godrej's stock slipped 5.2%, adding to a tough year for investors.

Pirojsha Godrej says sales remain solid

Even with rising costs, Godrej is holding steady in key cities like Mumbai and Bengaluru.

Chairperson Pirojsha Godrej said it still saw solid sales this quarter and is counting on strong housing demand to help weather the storm.