Shriram Properties posts ₹8.6 crore profit in Q2FY26; expects strong rebound in H2
Shriram Properties Limited reported a net profit of ₹8.6 crore in the second quarter of FY26, compared to a loss of ₹0.8 crore in Q2FY25.
The company, in its filing to exchanges, said that its performance has been temporarily impacted by regulatory transition issues, which delayed customer handovers and revenue recognition. However, it noted that all pending OCs (except one) have now been received, and the has already commenced.
Revenue from operations stood at ₹205 crore, up 46 per cent y-o-y, while total revenue rose 48% to ₹229 crore in Q2FY26.
“With the easing of transitionary issues, we expect a healthy rebound in H2. Supported by a strong launch pipeline and execution focus, we are confident of meeting our full-year targets,” said Gopalakrishnan J, Executive Director and CEO of Shriram Properties.
“Our focus remains on expanding the project pipeline and accelerating execution to unlock cash flows and enhance value creation.”
On the business development front, Shriram added five new projects to its portfolio, aggregating 2.3 million sq. ft. of development potential and a gross development value (GDV) of ₹2,350 crore. It is at an advanced stage of finalising another 5–6 projects, adding over 6 million sq. ft. during the second half of FY26. In addition, projects with over 20 million sq. ft. of potential are currently under active evaluation.
Published on November 12, 2025
