Archive · 25 Jul 2025
Shriram Finance Reports Profit Rise, Boosted by Loan Growth
Shriram Finance, a financial company, made more money in the last three months compared to the same time last year.
Their profit went up by about 9% to 21.56 billion rupees.
They made more money from the interest on their loans.
Although they made a good profit, it was a little less than what experts thought they would make.
The company saw more people taking out loans, especially for small businesses and things like motorcycles.
This helped them earn more money overall.
Even though they made a good profit, the company's stock went down a bit after the announcement.
Shriram Finance reported an 8.8% year-on-year rise in standalone profit.
Profit reached 21.56 billion rupees for the quarter ending June 30.
Analysts' average estimate was slightly higher at 21.91 billion rupees.
Loan growth was seen across multiple segments, including small business and two-wheeler loans.
Net interest income rose 12.6% to 60.26 billion rupees, exceeding expectations.
- Who
- Shriram Finance, a non-banking finance company (NBFC).
- What
- Shriram Finance posted a rise in first quarter profit.
- When
- For the quarter ended June 30.
- Where
- No specific location mentioned.
- Why
- Driven by healthy loan growth across various segments.
- Profit Increase
- 8.8% year-on-year
- Profit Amount
- 21.56 billion rupees
- Net Interest Income Increase
- 12.6%
- Commercial Vehicle Loan Growth
- 12.3%
- Small Business Loan Growth
- 35%
- Passenger Vehicle/Two-Wheeler Loan Growth
- About 23% each
- AUM Rise
- 16.6% to 2.72 trillion rupees