Godrej Properties Sets Rs 325 Billion Sales Goal for FY26

08 May 2025 CW Team

Godrej Properties is targeting Rs 325 billion in sales bookings for financial year 2025–26, around ten per cent more than the Rs 294.44 billion recorded in FY25. It also plans to launch new residential projects worth Rs 400 billion in key markets including Mumbai, National Capital Region, Pune and Bangalore.

The company sold 15,302 residential units in FY25, achieving the highest-ever annual residential sales in India’s real estate sector. The initial guidance had been Rs 270 billion for the year.

In the fourth quarter of FY25, revenue from operations rose by 49 per cent to Rs 21.22 billion, compared to Rs 14.26 billion in the same quarter of FY24. Net profit declined by 20 per cent year on year to Rs 3.76 billion, though it slightly surpassed analyst expectations.

Executive Chairman Pirojsha Godrej stated that the company has maintained a compound annual growth rate of 55 per cent over the past three years. Business development in FY25 stood at Rs 360 billion, exceeding the guided figure of Rs 300 billion.

Despite concerns over market slowdown, the company remains optimistic, citing Rs 100 billion in bookings during the fourth quarter and strong luxury sales in Gurugram and Mumbai.

Source:The Financial Express

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..