Earnings Review
Shriram AMC Q1 net loss widens as expenses rise 71% YoY
This story was originally published at 22:02 IST on 7 August 2026
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--Shriram AMC Apr-Jun net loss INR 68.85 mln vs loss INR 27.58 mln yr ago
--Shriram AMC Apr-Jun total income INR 40.45 mln vs INR 36.20 mln yr ago
By Nandini Sinha
MUMBAI – Shriram Asset Management Co. Ltd.'s net loss widened sharply on year for the June quarter due to a significant rise in the company's total expenses. The employee benefit expenses were the major contributor to the company's total expenses, followed by other expenses.
The company posted a net loss of INR 68.85 million for the June quarter, against a net loss of INR 27.58 million a year ago. Its total income rose to INR 40.45 million, up nearly 12% on year.
The net gain on fair value changes for the reporting quarter stood at INR 26.50 million, up over 26% on year. Revenue from asset management services rose nearly 21% on year to INR 8.68 million. Interest income fell to INR 5.18 million, down nearly 34% on year.
Shriram Asset Management's total expenses surged to INR 108.73 million, up nearly 71% on year. On a sequential basis, total expenses grew over 9%. Employee benefit expenses constituted the major chunk of the company's total expenses for the reporting quarter. The metric rose nearly 87% on year to INR 73.75 million. Other expenses rose over 42% on year to INR 33.61 million.
Friday, shares of the company closed down nearly 2% at INR 290 apiece on the BSE. The company announced its results for the June quarter after market hours. End
Edited by Deepshikha Bhardwaj
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