Sri Krishnan is a recipient/awarded Outstanding Canadian Biomedical Engineer Award 2016; Certificate of Appreciation from PEO York Chapter 2016; Fellow of Canadian Academy of Engineering in 2014; 2014 Exemplary Service Award from IEEE Toronto Section; 2014 Certificate of Merit from IEEE Signal Processing Society; 2013 Achievement in Innovation Award from Innovate Calgary; 2011 Sarwan Sahota Distinguished Scholar Award; 2011 Certificate of Appreciation from IEEE Signal Processing Society; 2010 Shastri Visiting Professorship; 2010 French Embassy Visiting Researcher; 2008 Ontario Research Innovation Award from Biodiscovery Toronto; 2007 Canadian Engineers' Young Engineer Achievement Award from Engineers’ Canada; 2006 New Pioneers Award in Science and Technology; 2006 South Asian Community Achiever Award; 2006 IEEE Toronto Section Best Chapter Chair Award; 2005 IEEE AESS Best Chapter Chair Award; 2005 IEEE Certificate of Appreciation from Six Societies; Six Best Research Paper Awards co-authored with his graduate students in International Conferences; and 2005 FEAS Research Excellence Award.