Archive · 24 Jan 2026

Shriram Finance Q3 Profit Jumps 21%

Shriram Finance Q3 Profit Jumps 21%

Shriram Finance, a big lender in India, just shared its results for the last three months of the year.

They made a lot more money than expected, about 21% more!

This is because more people and businesses are borrowing money from them to buy vehicles and run their businesses.

A big bank from Japan, MUFG, is also investing a lot of money in Shriram Finance, which should help them lend even more in the future.

The company's total loans and the money they make from interest both grew a lot.

Meanwhile, Nuvama Wealth Management reported a largely flat net profit, with a small increase on a standalone basis.

Sundaram Home Finance also reported a 20% increase in net profit, driven by growth in their Emerging Business segment.

It's a good time for these finance companies!

Sources