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Shriram Properties has signed a Joint Development Agreement (JDA) for 9.1 acres of land parcel at Doddagubbi, North-East Bengaluru. The company plans to develop an exclusive, scenic lake-facing, thoughtfully designed apartment complex with a development potential of approx. 6.7 lakh sqft. and an estimated GDV potential of over Rs 600 crore. The project is expected to be launched during the current financial year. Strategically located in the fast-developing North-East Bengaluru corridor, the location offers excellent connectivity to key parts of Bengaluru through Thanisandra Main Road, Hennur Road, Outer Ring Road, and the airport connectivity corridor, enabling seamless access to major IT hubs, commercial centres, educational institutions, healthcare facilities, retail destinations, and entertainment zones.

Net profit of Shriram Properties rose 64.36% to Rs 78.53 crore in the quarter ended March 2026 as against Rs 47.78 crore during the previous quarter ended March 2025. Sales rose 57.18% to Rs 640.88 crore in the quarter ended March 2026 as against Rs 407.73 crore during the previous quarter ended March 2025.For the full year,net profit rose 30.58% to Rs 100.81 crore in the year ended March 2026 as against Rs 77.20 crore during the previous year ended March 2025. Sales rose 53.92% to Rs 1267.41 crore in the year ended March 2026 as against Rs 823.44 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales640.88407.73 57 1267.41823.44 54 OPM %10.8511.97 -6.693.57 - PBDT72.4564.93 12 88.0898.25 -10 PBT69.8562.58 12 78.0387.90 -11 NP78.5347.78 64 100.8177.20 31 Powered by Capital Market - Live News

Shriram Properties will hold a meeting of the Board of Directors of the Company on 25 May 2026.

Shriram Properties has acquired a strategically well-located land parcel of ~4 acres on Sarjapur Main Road, South-East Bengaluru, through an outright purchase transaction. The Company plans to develop a premium high-rise residential project on the site, further strengthening its presence in one of Bengaluru`s fastest-growing residential corridors. The proposed development will comprise approximately 5 lakh sq. ft. of saleable area, with an estimated Gross Development Value (GDV) of Rs 550-600 crore. The project is expected to be launched during latter part of 2026.Powered by Capital Market - Live News

Shriram Properties will hold a meeting of the Board of Directors of the Company on 14 February 2026.Powered by Capital Market - Live News