Realty company Shriram Properties announced Q1FY26 results Revenue from operations stood at Rs 242 crore (+57% YoY). Total revenues were higher by 24% YoY at Rs 262 crore, reflecting continued strong handover trends. Gross margins remained healthy at 34%, compared to 31% in Q1FY25. Accordingly, gross profit for the quarter grew by 70% YoY to Rs 82 crore. Reported EBITDA was at Rs 47 crore, reflecting EBITDA margins of 18% in Q1FY26. Net debt stood at Rs 380 crore and Net Debt-Equity remained healthy at 0.28x. Reported Net Profit of Rs 21 crore in Q1FY26, the highest ever first quarter earnings since listing. Overall finance cost declined 16% YoY to Rs 22 crore in Q1. Interest expenses were lower at Rs 21 crore (-10% YoY), reflecting lower gross debt. Non-cash finance charges were significantly lower, thus impacting overall finance costs positively during this period. Murali M, CMD, Shriram Properties said: “Q1 results reaffirm the strength of our operating platform, which has again delivered robust performance. Our Pune entry has been successful, and we are committed to growing our presence even further. We remain focused on pipeline additions for sustaining growth momentum. While doing so, we will accelerate execution to unlock cash flows from ongoing projects for superior value creation”. Result PDF