Shriram Properties Q3 FY26 Results: Consolidated Loss Widens to ₹688 Crore
Shriram Properties Limited reported a consolidated loss of ₹688 lakh for Q3 FY26, compared to a profit of ₹857 lakh in Q2 FY26. Total consolidated income was ₹20,365 lakh. Standalone results showed a loss of ₹1,284 lakh for the quarter. The company is awaiting findings from an Enforcement Directorate search.
The widening losses and the ongoing investigation by the Enforcement Directorate are material events that could impact investor sentiment and the company's financial outlook.
The company reported a wider consolidated loss in the current quarter compared to the previous quarter and a significant loss for the nine-month period, indicating a negative financial performance.
Shriram Properties Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, following a Board of Directors meeting held on February 14, 2026. The meeting commenced at 12:00 Noon and concluded at 01:25 P.M.
For the third quarter ended December 31, 2025, the company reported a consolidated loss of ₹688 lakh (₹6.88 crore) on total income of ₹20,365 lakh (₹203.65 crore). This compares to a consolidated profit of ₹857 lakh (₹8.57 crore) in the previous quarter and a profit of ₹1,297 lakh (₹12.97 crore) in the same quarter of the previous year.
For the nine months ended December 31, 2025, the consolidated loss stood at ₹1,410 lakh (₹14.10 crore), with total income of ₹69,420 lakh (₹694.20 crore). This contrasts with a profit of ₹2,964 lakh (₹29.64 crore) for the same period last year.
The company also provided standalone results, showing a loss of ₹1,284 lakh (₹12.84 crore) for the third quarter ended December 31, 2025, on total income of ₹6,236 lakh (₹62.36 crore). For the nine months ended December 31, 2025, the standalone loss was ₹3,105 lakh (₹31.05 crore).
The auditors, Walker Chandiok & Co LLP, have issued an unmodified review report on both the standalone and consolidated financial results. However, they noted an 'Emphasis of Matter' regarding a search operation conducted by the Enforcement Directorate at the company's business premises in October 2024. The company management reiterated that no findings have implicated the company, its subsidiaries, joint ventures, or directors. As of the results issuance date, no formal communication regarding the findings has been received.
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