Quarterly Result12 Nov 2025, 01:42 pm
Shriram Properties Reports Robust Q2 Performance with 39% Sequential Growth in Sales Volumes
AI Summary
Shriram Properties Limited (SPL) has announced its financial results for the quarter and half year ended September 30, 2025. The company achieved sales volumes of 1.1 msf in Q2FY26, representing a 39% increase over the previous quarter. The total sales value for H1FY26 stood at Rs. 1,126 crs, marking a 19% year-over-year growth. The company expects robust performance in H2FY26 and remains confident about the full-year outlook.
Key Highlights
- Sales volumes grew by 39% QoQ to 1.1 msf in Q2FY26
- Sales values increased by 55% QoQ to Rs. 685 crs in Q2FY26
- Total sales for H1FY26 stood at ~2.0 msf, valued at Rs. 1,126 crs
- Company has launched 3 new projects in FY26, with 2.3 msf aggregate development and GDV of Rs. 2,350 crs
- Net debt stood at Rs. 407 crs, reflecting a Net Debt-to-Equity of 0.29x