NEW DELHI: Shriram Properties (SPL) has announced a net consolidated profit after tax of ₹8.57 crore for the quarter ending September 30, 2025, compared to a loss of ₹79 lakh in the same quarter last year, as per their BSE filing.
The company’s total consolidated income was ₹229.01 crore in Q2 FY26, marking a 47.65% increase from ₹155.10 crore during the corresponding quarter last year.
Gopalakrishnan J, the executive director & CEO, stated, “Q2 has shown encouraging operational performance, with robust sequential and year-on-year growth. Although financial performance was slightly muted, we anticipate a significant rebound in H2 FY26 as transitionary issues subside. With a strong launch pipeline and a focus on execution, we are optimistic about achieving our full-year targets.”
The company reported sales volumes of 1.1 million sq ft, valued at ₹685 crore, during the quarter. Cumulative sales reached two million sq ft, valued at ₹1,126 crore in H1 FY26.
Gross collections for Q2 FY26 stood at ₹388 crore, with ₹725 crore collected in H1 FY26. The company delivered 760 units in Q2 FY26 and over 1,500 units in H1 FY26.
In FY26, the company added five new projects, totaling 2.3 million sq ft of development with a gross development value (GDV) of ₹2,350 crore. They are also in advanced discussions for 5-6 additional projects with a development potential exceeding six million sq ft in H2 FY26. Moreover, projects with a potential over 20 million sq ft are currently under evaluation.
The company’s net debt was ₹407 crore, translating to a net debt-to-equity ratio of 0.29x. Cash flows from operations more than doubled sequentially to ₹52 crore in Q2 FY26, with total cash flows for H1 FY26 at ₹76 crore. The company invested ₹143 crore in new projects, ending the period with cash and cash equivalents of ₹286 crore.
