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Business News Today: Latest Business News, Finance News

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Shriram Properties Q4 net profit up 65% y-o-y to ₹78.5 crore
By BL Bengaluru Bureau · 2026-05-25 · via Business News Today: Latest Business News, Finance News
Shriram-Properties Logo

Shriram-Properties Logo | Photo Credit: Hand-out

Real estate developer Shriram Properties has seen its net profit grow 65 per cent year-on-year (y-oy-) in Q4FY26 to ₹78.5 crore. Total revenue grew by 55 per cent y-o-y to ₹662.7 crore.

Bookings were at ₹2,354 crore, which equals to 4.2 million sq ft for FY26. For the quarter, sales booking stood at ₹663 crore, and the company projects stronger sales momentum for FY27.

However, the company noted that land costs have also gone up by 287 per cent to ₹137 crores due to rising prices of land in high demand micro markets like Sarjapur, where it acquired 4 acres of land in February this year.

Recently the company resolved its long-standing Kolkata land dispute by returning 42 acres of land to the State government through its subsidiary, Bengal Shriram Hitech City.

Murali M, Chairman and Managing Director of SPL, said, “FY26 marks a defining year for the Company, demonstrating the strength of our business model, execution capabilities and resilience in navigating external challenges.

He added that this quarter’s momentum has boosted the company’s confidence and outlook for the coming financial year.

On a full-year basis (FY26), SPL has posted operating cash flows of ₹271 crore and Free Cash Flow (FCF) before new project investments of ₹224 crore in FY26. SPL invested nearly ₹370 crore towards new project investments during the year. The company has 18+ msf of new projects already in the pipeline for launch over the next three years.

Shares of Sriram Properties closed at ₹91, up 8.57 per cent on the BSE today.

Published on May 25, 2026