Shriram City Union Finance has reported results for second quarter ended September 30, 2018.
The company has reported 6.12% rise in its net profit at Rs 249.27 crore for the quarter under review as compared to Rs 234.89 crore for the same quarter in the previous year. Total income of the company increased by 17.48% at Rs 1,515.81 crore for Q2FY19 as compared Rs 1,290.30 crore for the corresponding quarter previous year.
Shriram City Union Finance is engaged in non-banking financial services. The Company provides long-term home loans. It also offers a range of options for financing the purchase of two wheeler vehicles across manufacturers and brands.