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Shriram Properties Ltd Q2FY24; 20% fall in Revenue

Shriram Properties is a part of Shriram Group. They are one of the leading residential real estate development companies in South India primarily focused on the mid-market and affordable housing categories.

Financial Results:

Shriram Properties Ltd reported Revenues for Q2FY24 of ₹206.00 Crores down from ₹259.00 Crore year on year, a fall of 20.46%.

Total Expenses for Q2FY24 of ₹205.00 Crores down from ₹258.00 Crores year on year, a fall of 20.54%.

Consolidated Net Profit of ₹20.00 Crores from ₹20.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.19, up 3.48% from ₹1.15 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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