{"id":162756,"date":"2024-07-05T09:59:35","date_gmt":"2024-07-05T13:59:35","guid":{"rendered":"https:\/\/44.250.171.167\/?p=162756"},"modified":"2024-07-05T09:59:36","modified_gmt":"2024-07-05T13:59:36","slug":"shriram-finance-ltd-q4fy24-57-rise-in-profits","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/shriram-finance-ltd-q4fy24-57-rise-in-profits\/","title":{"rendered":"Shriram Finance Ltd Q4FY24; 57% rise in Profits"},"content":{"rendered":"\n<p>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&#8217;s a Deposit-taking NBFC comprising 1,758 branches, 831 rural centers, and partnerships with ~500 private financiers<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Financial Results:<\/h2>\n\n\n\n<p>Shriram Finance Ltd reported Revenues for Q4FY24 of \u20b99,904.00 Crores up from \u20b97,966.00 Crore year on year, a rise of 24.33%.<\/p>\n\n\n\n<p>Total Expenses for Q4FY24 of \u20b97,175.00 Crores up from \u20b96,129.00 Crores year on year, a rise of 17.07%.<\/p>\n\n\n\n<p>Consolidated Net Profit of \u20b92,021.00 Crores up 56.91% from \u20b91,288.00 Crores in the same quarter of the previous year.<\/p>\n\n\n\n<p>The Earnings per Share is \u20b953.45, up 55.74% from \u20b934.32 in the same quarter of the previous year.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-35-839x1024.png\" alt=\"\" class=\"wp-image-162757\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-35-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-35-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-35-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-35-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-35.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<p>*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.<\/p>\n\n\n\n<p>*The presented data is automatically generated. It may occasionally generate incorrect information.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217;s a Deposit-taking NBFC comprising 1,758 branches, 831 rural centers, and partnerships with ~500 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":162757,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392,1],"tags":[8265,11692,10216],"class_list":["post-162756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","category-finance-stocks","tag-finance","tag-loans","tag-trucks"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2024\/07\/image-35.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":166513,"url":"https:\/\/alphastreet.com\/india\/shriram-finance-ltd-q3fy25-73-rise-in-profits\/","url_meta":{"origin":162756,"position":0},"title":"Shriram Finance Ltd Q3FY25; 73% rise in Profits","author":"Chirag Gupta","date":"January 24, 2025","format":false,"excerpt":"Shriram Transport Finance Company Ltd is a part of the SHRIRAM Group conglomerate which has a significant presence in the financing business. 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