Shriram Properties Q1FY27 results: Net profit down 46% to ₹11 crore
Realty firm Shriram Properties has reported a 46 per cent decline in consolidated net profit to Rs 11.04 crore for the quarter ended June 30, mainly on higher expenses. The company's net profit stood at Rs 20.59 crore in the year-ago period. Total income, however, rose marginally to Rs 271.04 crore in the first quarter of this fiscal from Rs 261.54 crore in the corresponding period of the preceding year, according to a regulatory filing on Wednesday. The company's operational expenses and tax o…