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Shriram City Union Finance reports 34% rise in Q2 net profit

28 Oct 2016 Evaluate

Shriram City Union Finance has reported results for second quarter ended September 30, 2016.

The company has reported 34.26% rise in its net profit at Rs 204.49 crore for the quarter under review as compared to Rs 152.31 crore for the same quarter in the previous year. Total income of the company increased by 17.93% at Rs 1115.58 crore for the quarter under review as compared Rs 945.96 crore for the corresponding quarter 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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