Shriram Properties ‘s Q3 2024-25 Latest News: Profit Drops by 297.26% YoY

Today, we’re looking at Shriram Properties Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -49.48 %. However, it did see a marginal slip of -27.66 % from the previous quarter. Expenses ticked up slightly by 121.58 % quarter-on-quarter, aligning with the annual rise of 96.44 %. Operating profit, while down -411.25 % compared to last year, faced a quarter-on-quarter dip of -295.54 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -422.68 %, but a shrinkage of -383.25 % sequentially. Other income fell by -44.42 % compared to the last quarter, despite an annual decline of -76.52 %. Interest expenses dropped significantly by -56.93 % from the previous quarter, yet the year-over-year decrease remains at a moderate -47.16 %. Depreciation costs fell by -8.74 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.05 %. Profit before tax declined annually by -297.9 % but saw a reduction from the preceding quarter by -600.27 %.
Tax expenses as a percentage of profits decreased slightly by -24.68 % compared to last year, with a more notable quarter-on-quarter increase of 112.55 %. Net profit fell by -297.26 % year-on-year but witnessed a -2548.11 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -298.51 % but a quarterly fall of -2518.18 %. In summary, Shriram Properties Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Shriram Properties Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -49.48 % year-on-year, although there was a slight dip of -27.66 % from the previous quarter. Expenses rose by 96.44 % compared to the previous year, with a 121.58 % increase quarter-on-quarter. Operating Profit dropped by -411.25 % annually, and saw a -295.54 % decrease from the last quarter.
Net Profit showed yearly decrease of -297.26 %, and experienced a -2548.11 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -298.51 % annually, however dipped by -2518.18 % compared to the last quarter. In essence, while Shriram Properties Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.