Shriram Properties Q1FY27 Results: Standalone Revenue ₹41.50 Cr, Consolidated Profit ₹11.04 Cr
Shriram Properties reported standalone revenue of ₹41.50 crore and a profit of ₹12.82 crore for Q1FY27. Consolidated profit stood at ₹11.04 crore. The company also announced the upcoming 5th Annual General Meeting (AGM) to be held via VC/OAVM. The Enforcement Directorate search in October 2024 is noted, with no findings communicated yet.
The financial results are a routine disclosure. The AGM announcement is standard procedure. The Enforcement Directorate investigation note, while not resulting in immediate financial impact, introduces an element of uncertainty that could influence investor sentiment.
The financial results show a mixed performance with a decrease in standalone revenue and profit compared to the previous quarter, while consolidated profit is also lower than the previous quarter but higher than the same quarter last year. The mention of the ongoing Enforcement Directorate investigation adds a neutral to slightly negative undertone.
Shriram Properties Limited announced its financial results for the quarter ended June 30, 2026. The company reported standalone revenue from operations of ₹4,150 lakhs (₹41.50 crore) and other income of ₹896 lakhs (₹8.96 crore), leading to a total income of ₹7,305 lakhs (₹73.05 crore).
Total expenses for the standalone entity amounted to ₹5,829 lakhs (₹58.29 crore), resulting in a profit before tax of ₹1,455 lakhs (₹14.55 crore). After accounting for a tax expense of ₹173 lakhs (₹1.73 crore), the standalone profit for the period was ₹1,282 lakhs (₹12.82 crore). The basic and diluted earnings per share stood at ₹0.75.
On a consolidated basis, Shriram Properties Limited reported total income of ₹27,104 lakhs (₹271.04 crore) for the quarter ended June 30, 2026. Total expenses were ₹25,295 lakhs (₹252.95 crore), yielding a profit before tax of ₹1,424 lakhs (₹14.24 crore). After a tax expense of ₹320 lakhs (₹3.20 crore), the consolidated profit for the period was ₹1,104 lakhs (₹11.04 crore). The consolidated basic and diluted earnings per share were ₹0.65.
The Board of Directors also approved the convening of the 5th Annual General Meeting (AGM) post-IPO, which will be held through video conferencing/other audio-visual means. The Annual Report and Notice of AGM will be shared with stakeholders in due course. The company also noted that the Enforcement Directorate conducted a search at its business premises on October 23-24, 2024, and as of the reporting date, no formal communication regarding findings has been received.
A plain-language summary of a public exchange filing by Shriram Properties Limited. Read the original for the full detail.