X

Shriram Finance Ltd Q2FY25; 20% 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 Q2FY25 of ₹10,090.00 Crores up from ₹8,555.00 Crore year on year, a rise of 17.94%.

Total Expenses for Q2FY25 of ₹7,345.00 Crores up from ₹6,213.00 Crores year on year, a rise of 18.22%.

Consolidated Net Profit of ₹2,153.00 Crores up 20.15% from ₹1,792.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹56.93, up 19.63% from ₹47.59 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.

Related Post