StockWatch
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Other Electrical Equipment
Quarterly Result13 Aug 2026, 06:40 pm

Shraddha Prime Projects Reports 128% YoY Revenue Growth in Q1 FY27

AI Summary

Shraddha Prime Projects Ltd. announced its unaudited financial results for Q1 FY27, reporting a significant 127.57% year-on-year increase in operational revenue to ₹133.6 crore from ₹58.7 crore in Q1 FY26. EBITDA grew by 128.52% to ₹24.4 crore, and Profit After Tax (PAT) more than doubled to ₹19.3 crore, up 107.32% from ₹9.0 crore in the prior year's quarter. The company also received Commencement Certificates for two key redevelopment projects in Mulund East and Mulund West, Shraddha Phoenix and Shraddha Paradise Enclave, respectively. Additionally, Shraddha Prime Projects is preparing for the launch of its premium residential development, Avyukta Imperial, in Matunga East.

Key Highlights

  • Revenue surged 127.57% YoY to ₹133.6 crore in Q1 FY27.
  • PAT more than doubled to ₹19.3 crore, up 107.32% YoY.
  • Received Commencement Certificates for two major redevelopment projects.
  • Preparing for the launch of premium residential development Avyukta Imperial.