Shriram Properties (SPL) announced a remarkable increase of 136.41 percent in its net consolidated profit for the quarter ending March 31, 2025. The profit after tax reached ₹47.66 crore in Q4 FY25, compared to ₹20.16 crore recorded in the same quarter of the previous fiscal year, as stated by the company in a filing to the BSE.
The net consolidated total income of the company was ₹427.51 crore in Q4 FY25, reflecting a growth of 19.29 percent from ₹358.37 crore reported in the corresponding quarter of the previous year. Murali M, the chairman and managing director of the company, remarked, “We are entering FY26 with robust momentum and a well-defined strategic focus.
The strong demand for housing, particularly in the mid and mid-premium segments, offers a substantial opportunity. Our emphasis will be on accelerating execution to enhance cash flows from ongoing projects while simultaneously developing a more robust project pipeline for sustainable growth.”
The company reported sales volumes of 4.3 million square feet, amounting to ₹2,284 crore in FY25. On a quarterly basis, it disclosed sales volumes of 1.3 million square feet valued at ₹673 crore in Q4 FY25. Customer collections reached a record high of ₹1,484 crore in FY25.
Two deferred launches from the second half received approvals, and the company initiated its first project in Pune during Q1 FY26. SPL completed the development of nine projects, totaling 4.2 million square feet in FY25. During this fiscal year, it delivered 3,150 homes and plots to customers.
The overall finance cost decreased by 11% year-on-year to ₹104.6 crore in FY25. Interest expenses were lower at ₹90.4 crore, reflecting scheduled loan repayments and reduced borrowing costs. Non-cash finance costs also fell by 23% year-on-year in FY25. Net debt was reduced by 26% to ₹326 crore, resulting in a debt-equity ratio of only 0.24x, compared to 0.35x the previous year.
The company generated Cashflows from Operations (CFO) amounting to ₹305 crore and Free Cash Flow (FCF) before new project investments of ₹273 crore in FY25, an increase from ₹156 crore in FY24. SPL has achieved Free Cash Flow after new project investments of ₹130 crore in FY25.
