Tag: Godrej Industries

IndustryLatest Stories

Godrej Properties’ FY26 Net Profit Soars 32.49%

NEW DELHI: Godrej Properties (GPL) has announced a significant net consolidated profit increase of 32.49% for the financial year 2025-26, totaling ₹1,840.66 crore, compared to ₹1,389.23 crore in FY25, as reported in a BSE filing. The company’s total consolidated income rose to ₹8,410.88 crore in FY26, reflecting a growth of 20.72% from ₹6,967.05 crore in FY25. In Q4 FY26, net consolidated income surged by 41.98% to ₹3,806.65 crore, up from ₹2,681.06 crore in the same quarter last year. The profit after tax in that quarter rose by 70.55%, reaching ₹645.44 crore compared to ₹378.44 crore in the previous year. Pirojsha…

CommercialLatest Stories

Godrej Industries Unit Acquires ₹365 Crore Office in Vikhroli

MUMBAI: Godrej Seeds and Genetics Ltd, part of the Godrej Industries Group’s agri-business sector, has purchased office space across three floors in a commercial tower in Mumbai’s Vikhroli area for a total of Rs 366 crore. The acquisition includes office spaces on the 6th, 7th, and 8th floors of Godrej One, indicating a consolidation of real estate assets within the group. The total carpet area involved in this deal is 70,361 sq ft, with an effective rate of approximately Rs 52,000 per sq ft, as per property registration documents from Propstack, a real estate analytics platform. The transaction was completed…

IndustryLatest Stories

Godrej Properties to launch biggest bond issue yet: Sources

MUMBAI: Godrej Properties, the real estate arm of India’s Godrej Industries, plans to enter the corporate bond market later this month with its largest issuance to date, according to three sources familiar with the matter. The company is expected to raise approximately 20 billion rupees ($230 million) by selling short-duration bonds with a maturity between three to five years, the sources revealed last week. “The firm may seek to enter the market following the central bank’s monetary policy decision this week, anticipating further easing of yields,” one source mentioned. All sources spoke on the condition of anonymity due to the…