Shriram Properties kicked off FY27 with record Q1 sales of INR 484 Cr.

Revenue hit INR 271 Cr, PAT INR 11 Cr, with a strong net debt-to-equity of 0.29x. New launches, including premium projects in Chennai and plotted developments in Kolkata, saw encouraging demand.

A robust 33.7 msf pipeline underpins confidence in achieving FY27 guidance and FY28 targets, including INR 2,500 Cr revenue and 10% PBT margins.

Management notes H2 will drive stronger earnings with INR 1,560 Cr revenue potential from handovers.

The company is strategically diversifying and prioritizing higher-yield developments in Kolkata.

Outlook is positive, anticipating sustained growth.