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Informist, Friday, Jul. 24, 2026

 

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--Shriram Finance Apr-Jun net profit INR 34.45 bln 
--Analysts saw Shriram Finance Apr-Jun net profit at INR 30.52 bln 
--Shriram Finance Apr-Jun revenue INR 133.94 bln vs INR 115.36 bln yr ago 
--Shriram Finance Apr-Jun net profit INR 34.45 bln vs INR 21.56 bln year ago 
--Shriram Finance capital adequacy ratio 34.17% on Jun 30 
--Shriram Fin gross NPA 4.64% on Jun 30 vs 4.58% qtr ago, 4.53% year ago 
--Shriram Fin net NPA 2.33% on Jun 30, unchanged on quarter, vs 2.57% yr ago 
--Shriram Finance NPA provision coverage ratio 50.99% on Jun 30 
--Shriram Finance liquidity coverage ratio 262.54% on Jun 30 
--Shriram Fin Q1 net interest income INR 80.56 bln vs INR 60.26 bln yr ago 
--Shriram Finance AUM at INR 3.14 tln on Jun 30 vs INR 2.72 tln year ago 
--Shriram Finance Apr-Jun NIM 9.04% vs 8.61% qtr ago, 8.11% year ago 
--Shriram Finance June 30 AUM INR 3.14 tln, up 15.3% on year

 

 

By Kabir Sharma

 

MUMBAI – A significant year-on-year rise in assets under management and largely flat expenses helped Shriram Finance Ltd. report a big jump in net profit for the June quarter. Revenue from operations also rose sharply, helping the bottom line.

 

The non-bank financier reported a net profit of INR 34.45 billion for the June quarter, up 60% on year and over 14% on quarter. Assets under management rose over 15% on year to INR 3.14 trillion, underpinned by 47% growth in the commercial vehicle segment. The net profit was nearly INR 4 billion higher than analysts' estimate of INR 30.52 billion. At 1424 IST, shares of the company were down 1.2% from Thursday at INR 1,013.20 on the National Stock Exchange. The stock eventually closed at INR 1,005.10, down 2%.

 

Commercial vehicles assets under management were at INR 1.47 trillion as of Jun. 30. A 46% increase in gold loan assets under management to INR 751.37 billion also supported the bottom line. However, along with the rise in assets under management, gold loan delinquencies also rose over 81% on year to INR 19.28 billion. This led to a sharp increase in the gross non-performing asset ratio of gold loans to 2.57% from 2.06% a year ago and 2.29% a quarter ago.

 

Overall revenue from operations for the June quarter rose 16% on year to INR 133.94 billion. The net interest income for the quarter rose 33.7% on year to INR 80.56 billion. Net interest margin improved to 9.04% from 8.61% a quarter ago and 8.11% a year ago. 

 

Total expenses of the company were largely flat at INR 87.90 billion, compared with INR 86.35 billion a year ago. The 17% rise in employee benefit expenses was offset by a similar fall in fees and comission expenses.

 

The sharp rise in the bottom line led to a similar jump in the company's tax outgo, which increased 57% on year to INR 11.78 billion. 

 

For the total portfolio, the gross non-performing asset ratio inched up to 4.64% in the June quarter from 4.58% a quarter ago. The net non-performing asset ratio was at 2.33%, flat on quarter. The provision coverage ratio of the financier was at 50.99% at June-end. The liquidity coverage ratio was at a healthy 262.54% as of Jun. 30.

 

The non-banking finance company plans to raise funds through the issue of non-convertible debentures between August and October, in one or multiple tranches, it said in a press relase.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Rajeev Pai

 

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