Shriram Finance Ltd Q3FY25; 73% rise in Profits

Shriram Finance Ltd Q3FY25; 73% 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 Q3FY25 of ₹10,698.00 Crores up from ₹8,922.00 Crore year on year, a rise of 19.91%.

Total Expenses for Q3FY25 of ₹7,946.00 Crores up from ₹6,488.00 Crores year on year, a rise of 22.47%.

Consolidated Net Profit of ₹3,249.00 Crores up 73.37% from ₹1,874.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹17.27, up 73.74% from ₹9.94 in the same quarter of the previous year.

 

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