Shriram Finance Ltd.
33.35 (3.70%) Shriram Finance reports over 2-fold jump in Q3 consolidated net profit
Date: 01-02-2023Shriram Finance has reported results for third quarter ended December 31, 2022.
The company has reported over 2-fold jump in its net profit at Rs 1,776.97 crore for Q3FY23 as compared to Rs 680.62 crore for the corresponding quarter previous year. Total income of the company increased by 57.53% to Rs 7,612.29 crore for the quarter under review as compared to Rs 4,832.33 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported over 2-fold jump in its net profit at Rs 1,800.14 crore for Q3FY23 as compared to Rs 680.62 crore for the same quarter in the previous year. Total income of the company increased by 61.61% to Rs 7,809.39 crore for the quarter under review as compared to Rs 4,832.33 crore for the same quarter in the previous year.