NEW DELHI: Shriram Properties has announced a net consolidated profit increase of 17.93% for the quarter ending June 30, 2025. The profit after tax reached ₹20.59 crore in Q1 FY26, compared to ₹17.46 crore in the same quarter last year, according to a filing with the BSE.
The company’s net consolidated total income rose to ₹261.54 crore in Q1 FY26, marking a growth of 24.01% from ₹210.90 crore recorded during the equivalent quarter last year.
Murali M, chairman and managing director, stated, “Our entry into Pune has been successful, and we are dedicated to further expanding our presence. We are focused on adding more projects to sustain our growth momentum while accelerating project execution to unlock cash flows for greater value creation.”
In Q1 FY26, the company reported sales of 0.8 million sq ft, valued at ₹441 crore, reflecting a 17% year-on-year growth. Additionally, overall collections increased by 5% year-on-year, reaching ₹338 crore in Q1 FY26.
The company launched a new project with a gross development value (GDV) of ₹200 crore in Q1 FY26 and is progressing on six more projects, which offer a combined three million sq ft development potential. It currently has multiple projects under evaluation, totaling over 23 million sq ft across its core markets.
Finance costs decreased by 16% year-on-year to ₹22 crore in Q1 FY26, with interest expenses down to ₹21 crore (-10% year-on-year) due to reduced gross debt. Non-cash finance charges also significantly dropped, positively impacting overall finance costs. The net debt remains at ₹380 crore, maintaining a net debt-equity ratio of 0.28x.
During the quarter, the company invested ₹75 crore in new projects and allocated another ₹77 crore toward debt repayments.
