Residential developer of the Shriram Group, Shriram Properties recorded a consolidated net profit of ₹10.47 crores in the quarter ending June 30, 2022, compared to a loss of ₹36.74 crores in the same quarter of the prior year. However, the latest quarterly PAT was down 83.85% from ₹64.83 crores in the previous quarter. On an annual basis, the company’s revenue and EBITDA nearly tripled in the quarter. While sales volumes experienced double-digit growth. Shriram Properties will continue to focus on profitable growth by leveraging a strong pipeline of projects and market opportunities.