Shriram Finance Ltd.

BSE: 511218 | NSE: SHRIRAMFIN
Large Cap | Finance - NBFC
901.75
32.55 (3.74%)
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Shriram Finance reports 18% rise in Q1 net profit

Date: 26-07-2024

Shriram Finance has reported results for first quarter ended June 30, 2024 (Q1FY25). 

The company has reported 18.21% rise in net profit at Rs 1,980.59 crore for Q1FY25 as compared to Rs 1,675.44 crore for the same quarter in the previous year. Total income of the company increased by 20.00% at Rs 9,609.71 crore for Q1FY25 as compared to Rs 8,008.01 crore for the corresponding quarter previous year.

Shriram Finance (Formerly Shriram Transport Finance Company) is one of the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets.