Updates

FY26 Net Profit Up 30.41% to ₹100.81 crore; Revenue Grows 39.40%

Shriram Properties reported strong FY26 financial results with net consolidated profit rising to ₹100.81 crore and total income reaching ₹1,356.93 crore, driven by robust Q4 collections and project handovers.

Sarjapur Main Road Acquisition Project Expected Launch Late 2026

Shriram Properties completed acquisition of ~4 acres on Sarjapur Main Road for premium high-rise residential project with ₹550-600 crore GDV, targeting late-2026 launch.

Shriram Properties acquires 4-acre land on Sarjapur Main Road for ₹550-600 crore project

Shriram Properties completed an outright acquisition of ~4 acres on Sarjapur Main Road, South-East Bengaluru. The company plans to develop a premium high-rise residential project with GDV of ₹550-600 crores, expected to launch in latter half of 2026.

Shriram Properties Amicably Resolves Long-Pending Kolkata Land Dispute

Shriram Properties resolved its long-pending commercial dispute with West Bengal government by conveying 42.37 acres of land, enabling acceleration of Kolkata development plans with ₹3,000 crore GDV potential.

Shriram Properties Acquires 100% Stake in Shrivision Upscale Spaces

Shriram Properties completed acquisition of 100% equity shares of Shrivision Upscale Spaces Private Limited, making it a wholly owned subsidiary for strategic business expansion in real estate development.

Codename Ultimate launched near Electronic City with 70% opening weekend sales

Shriram Properties launched Codename Ultimate, a RERA-approved 400+ unit Balinese-themed project near Electronic City, Bengaluru, with revenue potential of ₹350 crore. The project achieved 70% sales in opening weekend.

Q2 FY26 results: ₹229 crore revenue, regulatory challenges impact net loss

Shriram Properties reported Q2 FY26 total income of ₹229.01 crores (47.7% YoY growth) but posted net loss of ₹8.67 crores due to delayed revenue recognition from regulatory transitions. Sales volumes strong at 1.1 million sq ft.

JDA signed for ₹350+ crore villament project in Bannerghatta, South Bengaluru

Shriram Properties signed a JDA for ~5 acres in Bannerghatta Road, South Bengaluru to develop an exclusive villament community with GDV of over ₹350 crore. Expected launch during FY26.

JDA signed for ₹700 crore mixed-use project in Hinjewadi, Pune

Shriram Properties entered into a Joint Development Agreement for a 0.7 million sq ft mixed-use project in Hinjewadi, Pune with estimated GDV of ₹700 crore. This marks the company's second project in Pune.

JDA signed for ₹600 crore premium row houses project in North Bengaluru (Yelahanka)

Shriram Properties signed a JDA to develop a premium row houses project on 7 acres in Yelahanka, North Bengaluru with GDV of ₹600 crore. Project launch planned for FY27.