Shriram Properties' Q2 FY 2025-26 Quarterly Results

Result Summary

• Shriram Properties Ltd reported a 12.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 47.7%.
• Its expenses for the quarter were down by 4.0% QoQ and up 36.9% YoY.
• The net profit decreased 58.4% QoQ and decreased 1184.8% YoY.
• The earnings per share (EPS) of Shriram Properties Ltd stood at 0.5 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Shriram Properties Ltd is a key player in the real estate sector, primarily involved in the development of residential properties in India. The company is known for its focus on mid-market and affordable housing segments, catering to the needs of the middle-income demographic. With its headquarters in Bangalore, Shriram Properties operates across multiple cities in Southern India, including Chennai, Coimbatore, and Visakhapatnam. The company has been active in expanding its project portfolio to include integrated townships and mixed-use developments, aligning with the growing urbanization trends. Recent developments have seen the company adapting to the changing market dynamics, although specific new projects or strategic shifts are not detailed in the provided data.

Revenue

In the second quarter of fiscal year 2026 (Q2FY26), Shriram Properties Ltd reported a total income of ₹229.01 crores. This represents a decrease of 12.4% from the previous quarter (Q1FY26), where the total income was ₹261.54 crores. When compared to the same quarter in the previous year (Q2FY25), the total income shows a significant increase of 47.7%, indicating a substantial year-over-year growth in revenues from ₹155.10 crores. This fluctuation in total income reflects the dynamic nature of the real estate market and the company's performance within it.

Profitability

For Q2FY26, Shriram Properties Ltd recorded a profit before tax (PBT) of ₹-5.84 crores, a notable decline from the previous quarter's PBT of ₹16.99 crores, marking a quarter-on-quarter decrease of 134.4%. However, this is an improvement compared to the loss of ₹-16.41 crores in Q2FY25, showing a year-over-year improvement of 64.4%. The company reported a profit after tax (PAT) of ₹8.57 crores for Q2FY26, down from ₹20.59 crores in Q1FY26, which is a decrease of 58.4%. Yet, this reflects a substantial improvement from the loss of ₹0.79 crores in Q2FY25. The earnings per share (EPS) for Q2FY26 was ₹0.50, down from ₹1.21 in Q1FY26, but an improvement from the negative EPS of ₹-0.05 in Q2FY25.

Operating Metrics

The total expenses for Shriram Properties Ltd in Q2FY26 were ₹234.85 crores, slightly lower than the ₹244.55 crores reported in Q1FY26, showing a decrease of 4.0%. Year-over-year, there was an increase in total expenses from ₹171.51 crores in Q2FY25, marking a 36.9% rise. The tax component also saw a significant change, with a figure of ₹-9.68 crores in Q2FY26 compared to ₹1.26 crores in Q1FY26 and ₹-15.39 crores in Q2FY25, reflecting substantial quarterly and yearly variations. These metrics highlight the fluctuations in the company’s operational costs and tax obligations over the periods in question and their impact on the overall financial performance.