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Shriram Properties reports marginal rise in sales booking in Q3FY22

19 Jan 2022 Evaluate

Shriram Properties has reported a marginal increase in its sales booking to Rs 415 crore during the quarter ended December (Q3FY22). The company’s sales bookings had stood at Rs 410 crore in the year-ago period.

During the first nine months of this fiscal, the total sales bookings crossed the Rs 1,000 crore mark, reflecting a growth of 60 per cent year-on-year. The company achieved aggregate collections of Rs 900 crore during the April-December period of this fiscal, up 57 per cent y-o-y. Total collections for the December 2021 quarter was around Rs 337 crore in Q3, up 21 per cent y-o-y.

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.

Peers
Company Name CMP
Lodha Developers 1143.40
Prestige EstatesProj 1472.65
Dilip Buildcon 423.25
DLF 671.35
Oberoi Realty 1844.00
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