Shriram Properties Ltd News

Shriram Properties jumps 5% after land parcel sale to healthcare group

Shares of Shriram Properties rose 5 per cent at Rs 109.45 a piece on the BSE in Tuesday's intraday trade

Shriram Properties down 5% after slipping into loss in Q2; rev down 32%

The company's revenue from operation also fell 31.8 per cent to Rs 141 crore as compared to Rs 206.08 crore a year ago

Here's why Shriram Properties share price jumped 7% on October 30; details

The uptick in share price came after the company announced that it has signed a Joint Development Agreement (JDA) for a 6-acres prime land in the upcoming micro markets of Undri in Pune

Shriram Properties shares jump 3% as company launches new project

The uptick in the stock price follows the news that the company has launched a new project under the 'Codename - Pudhiya Chennai', an apartment project situated in the neighbourhood of Chennai

Shriram Properties to focus on mid-segments; eyes doubling annual sales

Shriram Properties Ltd, the real estate division of the diversified conglomerate Shriram Group, would focus predominantly on medium housing segments as it aims to double sales volume, triple revenues over the next three years, a top official said on Friday. The company has rolled out a new brand identity SPLNxT (referring to Shriram Properties Ltd Next) which aims to transform the perception of Shriram Properties Ltd, elevating brand image, Executive Director and Group CEO Gopalakrishnan said here. The year 2024 also marks the silver jubilee year for the real estate entity and has completed over 42 projects across key cities. It has another 42 new projects in the pipeline, he said. Gopalakrishnan along with Shriram Properties Ltd Chairman and Managing Director Murali M and senior officials were here to announce the company's plans over the next three years. "As an integral part of SPLNxT, we are embarking on a mission that looks to double (sales) volume, triple income and quadruple

Realty firm Shriram Properties targets Rs 5,000-cr annual sales by FY27

The realtor aims to achieve cumulative sales exceeding 20 million square feet over the next three years

Shriram Properties' new initiative sends company's shares flying over 15%

BSE analytics reflect that the company's shares have sprinted 22 per cent in the last one week, while they have gained 22.77 per cent in the last one month and 63.36 per cent in the last one year

Shriram Properties to triple revenue to Rs 3k cr by FY27; double bookings

Realty firm Shriram Properties Ltd on Wednesday said the company is targeting to triple its revenue to Rs 3,000 crore and double sale bookings to Rs 5,000 crore by 2026-27 financial year as the company embarks on its next phase of growth. The company, which entered its 25th year of operations in 2024-25, unveiled a new brand identity that seeks to transform the perception of Shriram among customers while elevating its brand and reputation towards better customer delight in the future. "We are embarking on a mission with a brand-new identity, as we enter 25th year of our operations. It will allow us to create our own identity and elevate and re-position the trusted Shriram brand among NextGen buyers," Shriram Properties Chairman and Managing Director Murali Malayappan told reporters here. He said the company would leverage technology in construction activities as well as providing various services to customers. "What we achieved in 25 years, we can do it in the next 7-10 years," Mur

Shriram Properties Q1 results: Net profit rises 5% to Rs 17.46 cr

Realty firm Shriram Properties on Wednesday reported a 5 per cent increase in its consolidated net profit to Rs 17.46 crore for the quarter ended June on higher income. Its net profit stood at Rs 16.62 crore in the year-ago period. Total income rose to Rs 210.90 crore in the April-June period of this fiscal from Rs 157.17 crore in the corresponding period of the previous year, according to a regulatory filing. The company also appointed Ravindra Kumar Pandey as Chief Financial Officer and elevated Rajesh Yashwant Shirwatkar as Deputy Chief Financial Officer. Shriram Properties reported sales volumes of 0.70 million square feet and sales values of Rs 376 crore during the first quarter of this fiscal year. Commenting on the performance, Murali M, CMD, Shriram Properties said, "Our strong market presence and success of our strategic initiatives give us confidence in maintaining growth and delivering on promises in the years to come." "Our solid project pipeline, a strong execution .

Realty firm Shriram Properties elevates Gopalakrishnan J as ED & Group CEO

Realty firm Shriram Properties Ltd has elevated Gopalakrishnan J as executive director and Group Chief Executive Officer (CEO) of the company. He has been elevated from the current position as Executive Director (ED) and Group Chief Financial Officer (CFO) of the Bengaluru-based Shriram Properties. In a regulatory filing on Saturday, Shriram Properties Ltd informed that the Board of Directors at its meeting held on July 20, 2024, approved the appointment of Gopalakrishnan J as Executive Director and Group CEO effective July 20, 2024. The board also appointed K R Ramesh, who was Executive Director - Operations, as Executive Director Strategy & Corporate Development effective July 20, 2024. Gopalakrishnan joined the company in 2018 and has provided significant leadership in the ongoing transformation of the company, apart from his critical role in the IPO process and building a strong growth platform in recent years. He has more than 33 years of experience in the areas of corporate