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 Q3FY24 of ₹9,301.00 Crores up from ₹7,795.00 Crore year on year, a rise of 19.32%.
Total Expenses for Q3FY24 of ₹6,793.00 Crores up from ₹5,384.00 Crores year on year, a rise of 26.17%.
Consolidated Net Profit of ₹1,874.00 Crores up 4.0% from ₹1,802.00 Crores in the same quarter of the previous year.
The Earnings per Share is ₹49.69, up 3.43% from ₹48.04 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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