Shriram Properties Limited — Results, 12-02-2025: Integrated Filing- Financial
12-02-2025 | 05:11 pm
12-02-2025 | 05:11 pm
Shriram Properties Limited has announced a board meeting to discuss the financial results for the quarter and nine months ended December 31, 2024. The company reported a total income of ₹2,341 crore for the quarter, down from ₹7,209 crore year-on-year, and a loss of ₹4,529 crore for the period. Total expenses reached ₹7,516 crore, with significant costs linked to employee benefits and finance. The company also mentioned a recent sale of a subsidiary's shares for ₹9,300 crore, incurring a loss of ₹2,630 crore. Investor sentiment may reflect caution, given the substantial losses and ongoing investigations affecting management integrity.
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