Shriram Properties News

Shriram Properties Senior VP Resigns from Position

Shriram Properties announces resignation of Mr. Shekar H.K, National Head and Senior Vice President CXM, effective March 07, 2026, as he pursues growth opportunities outside the organization.

Shriram Properties Q3 FY26 Earnings Call Feb 14

Shriram Properties announces investor call on February 14, 2026 at 4:00 PM IST to discuss Q3 and 9M FY26 operational and financial performance with senior management participation.

Shriram Properties Reports Strong Q2 Sales Growth Despite Regulatory Delays in Bangalore

Shriram Properties achieved 39% quarter-on-quarter growth in sales volume to 1.14 million square feet valued at INR 685 crores, but revenue recognition was impacted by BBMP division into 5 municipal corporations causing approval delays. The company expects strong H2 performance with over INR 1,000 crores revenue recognition potential from 2,800 units ready for handover as regulatory issues normalize.

Shriram Properties Reports Mixed Q2FY26 Results Amid Regulatory Challenges

Shriram Properties Limited announced its quarterly results with strong operational performance but subdued financial results. The company achieved sales volumes of 1.1 million square feet (39% QoQ growth) valued at Rs. 685 crores (55% QoQ growth) in Q2FY26. For the half-year, cumulative sales reached 2.0 million square feet valued at Rs. 1,126 crores. However, financial performance was impacted by temporary deferment of revenue recognition due to delays in receiving Occupancy Certificates and eKhata processes following Greater Bengaluru Authority's regulatory transition. Total revenues for Q2FY26 stood at Rs. 229 crores (48% YoY growth), while the company reported a net loss of Rs. 8.67 crores for the quarter. The company added 5 new projects with 2.3 million square feet development potential and GDV of Rs. 2,350 crores during FY26. Management expects robust H2 performance as regulatory issues normalize, with most delayed OCs now received and eKhata processes begun. The company maintains its FY26 guidance and remains confident about achieving its 3-year strategic objectives.