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Shriram City Union Finance reports 11% rise in Q2 net profit

29 Oct 2015 Evaluate

Shriram City Union Finance has reported results for second quarter ended September 30, 2015.

The company has reported 10.52% rise in its net profit at Rs 152.31 crore for the quarter ended September 30, 2015 as compared to Rs 137.81 crore for the same quarter in the previous year. The company’s total income has increased by 8.87% to Rs 945.96 crore for the quarter under review from Rs 868.87 crore for the corresponding quarter of the previous year.

Shriram City Union Finance has presence in the following business segments - loan Against Gold (LAG), Small Business Finance Loans (SBF), Auto Loans, 2-Wheeler loans, Personal Loans and Consumer Durables Loans.

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