Curation Team
NEW DELHI: Shriram Properties has reported a growth of 17.93 per cent in its net consolidated profit during the quarter ended June 30, 2025. Its profit after tax stood at ₹20.59 crore in Q1 FY26 as against ₹17.46 crore in the corresponding quarter of the previous fiscal, the company said in a BSE filing.
The company’s net consolidated total income stood at ₹261.54 crore in Q1 FY26, a growth of 24.01 per cent from ₹210.90 crore it recorded in the similar quarter last year.
Murali M, chairman and managing director of the company said, “Our Pune entry has been successful and are committed to growing our presence even further. We remain focused on pipeline addition for sustaining growth momentum. While doing so, we will accelerate execution to unlock cash flows from ongoing projects for superior value creation.”
The company achieved first quarter sales of 0.8 million sq ft, valued at ₹441 crore in Q1 FY26, both reflecting a growth of 17 per cent year-on-year. Overall collections were higher by five per cent year-on-year at ₹338 crore in Q1 FY26.
The company has added a new project with GDV of ₹200 crore in Q1 FY26 and is at an advanced stage of diligence/documentation for another six projects with three million sq ft development potential. The company has multiple projects with over 23 million sq ft development potential at various stage of evaluation across its core markets.
Overall finance cost declined 16 per cent year-on-year to ₹22 crore in Q1 FY26. Interest expenses were lower at ₹21 crore (-10% year-on-year) reflecting lower gross debt. Non-cash finance charges were lower significantly, thus impacting overall finance costs positively during this period. Net debt stood at ₹380 crore and net debt-equity remained at 0.28x.
The company has deployed ₹75 crore towards new project investments during the quarter and a further ₹77 crore towards debt repayments during the quarter.
