Shriram Properties has achieved sales value of Rs 313 crore in Q1FY23 as compared to Rs 248 crore in Q1FY22, reflecting a growth of 26% Year-on-Year (YoY). The company has achieved sales volumes of 0.66 Million Square Feet (msf) in Q1FY23, up 20% year-on-year as compared to sales volumes of 0.55 msf in Q1FY22. Aggregate collections grew by 34% YoY to Rs 324 crore in Q1FY23, compared to Rs 242 crore in Q1FY22. Strong collections reflect the Company’s thrust on on-ground execution progress.
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.
