Shares of Shriram Properties Ltd surged more than 10% on May 25 after the company reported a strong set of quarterly earnings for the March 2026 quarter, driven by robust revenue recognition and improved operating performance.
The stock was trading at ₹92.86, up 10.38% at around 2:51 PM, after hitting an intraday high of ₹96 on the NSE. Trading volumes also remained elevated following the Q4FY26 earnings announcement.
For the quarter ended March 2026, the company reported consolidated revenue from operations of ₹640.88 crore, sharply higher than ₹407.73 crore in the corresponding quarter last year.
Consolidated profit attributable to owners of the holding company rose to ₹78.52 crore in Q4FY26 from ₹47.78 crore in Q4FY25, reflecting strong growth in project execution and revenue booking during the quarter.
Based on the reported financials, EBITDA for the quarter stood at ₹87.02 crore compared with ₹48.81 crore in the year-ago period. EBITDA margin improved to 13.6% from 12% a year earlier.
Total income during the quarter came in at ₹662.73 crore versus ₹427.51 crore in Q4FY25.
The company reported total expenses of ₹575.37 crore during Q4FY26 compared with ₹385.50 crore a year earlier. Land costs increased significantly to ₹137.26 crore from ₹35.46 crore, while changes in inventories rose to ₹224.84 crore compared with ₹117.22 crore in the corresponding quarter last year.
Profit before tax stood at ₹69.85 crore during the quarter against ₹62.58 crore reported in Q4FY25. The company also reported a tax credit of ₹8.68 crore during the period.
Sequentially, the company swung back to profitability after reporting a loss in Q3FY26. Revenue from operations jumped sharply from ₹178.90 crore in the December quarter to ₹640.88 crore in Q4FY26, while PAT recovered from a loss of ₹6.88 crore.
The strong earnings performance appears to have boosted investor sentiment, helping the stock outperform the broader real estate pack during the session.
At the current market price of ₹92.86, the stock remains below its 52-week high of ₹105.58 touched earlier, while the day’s rally pushed it significantly above its 52-week low of ₹60.57.
Disclaimer: This article is based on company filings and market data. Investors are advised to consult certified financial advisors before making investment decisions.