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Shriram Finance Ltd Q1FY25; 19% rise in Profits

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 Q1FY25 of ₹9,605.00 Crores up from ₹8,003.00 Crore year on year, a rise of 20.02%.

Total Expenses for Q1FY25 of ₹6,943.00 Crores up from ₹5,761.00 Crores year on year, a rise of 20.52%.

Consolidated Net Profit of ₹2,031.00 Crores up 18.63% from ₹1,712.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹53.81, up 18.29% from ₹45.49 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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