Shriram Finance Ltd.

BSE: 511218 | NSE: SHRIRAMFIN
Large Cap | Finance - NBFC
901.75
32.55 (3.74%)
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Shriram Finance reports 14% rise in Q2 consolidated net profit

Date: 26-10-2023

Shriram Finance has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 12.59% rise in its net profit at Rs 1,750.84 crore for Q2FY24 as compared to Rs 1,555.11 crore for the same quarter in the previous year. Total income of the company increased by 15.45% at Rs 8,564.45 crore for Q2FY24 as compared Rs 7,418.35 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 13.54% rise in its net profit at Rs 1,789.27 crore for the quarter under review as compared to Rs 1,575.91 crore for the same quarter in the previous year. Total income of the company increased by 17.14% at Rs 8,892.99 crore for Q2FY24 as compared Rs 7,591.77 crore for the corresponding quarter previous year.