Axis Capital Ltd, ICICI Securities Ltd and Nomura Financial Advisory and Securities Ltd
Shriram Properties is one of the leading residential real estate development companies in South India, primarily focused on the mid-market and affordable housing categories and is amongst the five largest residential real estate companies in South India in terms of the number of units launched between calendar years 2015 and 2020 across Tier 1 cities of South India including Bengaluru and Chennai. The company is also present in the mid-market premium and luxury housing categories as well as commercial and office space categories in their core markets. As of December 2020, the company have 29 completed projects, representing 16.76 million sq. ft of saleable area, out of which our 24 completed projects in the cities of Bengaluru and Chennai accounted for 90.55% of our saleable area Shriram Properties Ltd focuses on affordable and mid-income housing projects, mainly in southern India. It saw sales recover to pre-covid levels in the December quarter.
For year/ period ended ( in Cr.)
|31 Mar 2021||31 Mar 2020||31 Mar 2019|
|Profit After Tax||-86.39||48.79||343.01|