MoneyWorks4Me

Shriram City Union Finance reports 22% rise in Q3 net profit

01 Feb 2016 Evaluate

Shriram City Union Finance has reported results for third quarter ended December 31, 2015.

The company has reported 21.93% rise in its net profit at Rs 174.29 crore for the quarter ended December 31, 2015 as compared to Rs 142.94 crore for the same quarter in the previous year. The company’s total income has increased by 10.93% to Rs 1001.09 crore for the quarter under review from Rs 902.45 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.

Peers