Shriram Properties Q1FY27 Revenue ₹271 Cr, Profit ₹11 Cr

Shriram Properties Limited (SPL) reported its unaudited financial results for Q1FY27, with total revenues reaching ₹271 crore, a 4% year-on-year increase. Pre-tax profits were ₹18.1 crore, marginally higher than the previous year. The company achieved strong operational performance with quarterly sales of ₹484 crore, up 10% YoY, driven by successful new launches in Chennai and Kolkata. Gross customer collections grew 8% YoY to ₹365 crore. SPL handed over 690+ units and added a new project with an estimated GDV of ₹650 crore to its development pipeline. The company maintained a comfortable cash balance of ₹219 crore and a net debt of ₹432 crore, with a net debt-to-equity ratio of 0.3x. The outlook remains positive, supported by a strong launch pipeline for H2FY27.