Shriram Transport Finance Company Ltd is a part of the SHRIRAM Group conglomerate which has a significant presence in the financing business. STFC is engaged in the business of commercial vehicle financing mainly focusing on trucks from preowned to new ones. It’s a Deposit-taking NBFC comprising 1,758 branches, 831 rural centers, and partnerships with ~500 private financiers
Financial Results:
Shriram Finance Ltd reported Revenues for Q4FY24 of ₹9,904.00 Crores up from ₹7,966.00 Crore year on year, a rise of 24.33%.
Total Expenses for Q4FY24 of ₹7,175.00 Crores up from ₹6,129.00 Crores year on year, a rise of 17.07%.
Consolidated Net Profit of ₹2,021.00 Crores up 56.91% from ₹1,288.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹53.45, up 55.74% from ₹34.32 in the same quarter of the previous year.
*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.
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