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Shriram Properties (NSE:SHRIRAMPPS) Interest Expense : ₹-1,014 Mil (TTM As of Dec. 2024)


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What is Shriram Properties Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shriram Properties's interest expense for the three months ended in Dec. 2024 was ₹ -266 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2024 was ₹-1,014 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Shriram Properties's Operating Income for the three months ended in Dec. 2024 was ₹ -170 Mil. Shriram Properties's Interest Expense for the three months ended in Dec. 2024 was ₹ -266 Mil. Shriram Properties did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Shriram Properties Interest Expense Historical Data

The historical data trend for Shriram Properties's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shriram Properties Interest Expense Chart

Shriram Properties Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial -1,252.91 -1,239.58 -1,174.08 -972.60 -1,078.20

Shriram Properties Quarterly Data
Mar19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -275.70 -210.80 -267.60 -269.70 -266.20

Shriram Properties Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1,014 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shriram Properties  (NSE:SHRIRAMPPS) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Shriram Properties's Interest Expense for the three months ended in Dec. 2024 was ₹-266 Mil. Its Operating Income for the three months ended in Dec. 2024 was ₹-170 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2024 was ₹0 Mil.

Shriram Properties's Interest Coverage for the quarter that ended in Dec. 2024 is calculated as

Shriram Properties did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Shriram Properties Business Description

Traded in Other Exchanges
Address
T. Chowdaiah Road, No. 31, Shriram House, Sadashivanagar, Bengaluru, KA, IND, 560080
Shriram Properties Ltd is engaged in the business of real estate construction, development, and other related activities. It is predominantly involved in residential real estate development with a particular emphasis on mid-market and mid-market premium housing categories. Additionally, Shriram Properties is also involved, to a lesser extent, in the development of commercial properties.

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