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Shriram Finance Q1 net profit rises about 9 pc to Rs 2,156 cr

Shriram Finance Q1 net profit rises about 9 pc to Rs 2,156 cr

News186 days ago
Agency:
New Delhi, Jul 25 (PTI) Shriram Finance on Friday reported an 8.83 per cent rise in its net profit to Rs 2,156 crore in the June quarter.
The non-banking finance company (NBFC) had a standalone net profit of Rs 1,981 crore in the April-June quarter of 2024-25.
Total income rose to Rs 11,542 crore in the April-June quarter of FY26, from Rs 9,610 crore in the same quarter in FY25.
The board of Shriram Finance also approved issuance of debt securities viz., redeemable non-convertible debentures (NCDs) /subordinated debentures, bonds on private placement basis and/or public issue in one or more tranches in the onshore/offshore market from August 1, 2025, to October 31, 2025.
Shares of Shriram Finance closed 2.85 per cent lower at Rs 615.30 apiece on the BSE. PTI JD SHW
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