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Shriram Properties on Monday reported a 65% increase in consolidated net profit at ₹78.53 crore for the quarter ended March 31, 2026, aided by higher income and sustained demand in the residential real estate market.
The Bengaluru-based developer had posted a net profit of ₹47.66 crore in the corresponding quarter of the previous fiscal, according to a regulatory filing.
The company’s total income during the January-March quarter rose sharply to ₹662.73 crore from ₹427.51 crore a year ago, reflecting improved sales momentum and execution across projects.
For the full financial year 2025-26, the company reported a consolidated net profit of ₹100.81 crore, compared with ₹77.3 crore in the previous fiscal, registering steady growth despite elevated interest rates and global economic uncertainties. Its total income for the fiscal increased to ₹1,356.93 crore from ₹973.38 crore in 2024-25.
The performance comes at a time when India’s housing market continues to witness healthy demand, especially in the mid-income and premium housing segments across major urban centres. Improved consumer sentiment, rising disposable incomes and continued urbanisation have supported residential sales across key markets.
Shriram Properties has a strong presence in southern and eastern markets, including Bengaluru, Chennai, Pune, and West Bengal. Bengaluru continues to remain one of the company’s largest markets, benefiting from strong housing demand driven by the information technology and startup sectors.
The developer said it has delivered more than 50 projects covering 30.8 million square feet so far. As of March 31, 2026, the company had a development pipeline of 41 projects with an aggregate development potential of 35.3 million square feet.
This includes 16.7 million square feet of ongoing projects, providing visibility for future revenue growth. The company is also expected to focus on new launches and faster project execution to capitalise on strong demand in the housing sector.
The company said it is in the advanced stages of finalising additional projects with a development potential of more than 7 million square feet during the first half of the current financial year.