Shriram Finance’s Q1 net up 9% at ₹2,156 cr

Shriram Finance Ltd has reported a 9% increase in its profit after tax for the first quarter of the current fiscal, driven by a double-digit rise in income.

Listen to this article

The company posted a standalone net profit of ₹2,156 crore in Q1 FY26, compared with ₹1,981 crore in the corresponding period of the previous year.

Its operating profit grew by 9%, reaching ₹4,192 crore as against ₹3,854 crore in Q1 FY25.

Interest income rose by 19% to ₹11,173 crore, up from ₹9,363 crore in the year-ago quarter, while total income increased by 20% to ₹11,542 crore, compared with ₹9,610 crore in Q1 FY25.

The company’s net interest income stood at ₹6,026 crore, up from ₹5,354 crore a year earlier.

The company’s Assets Under Management (AUM) rose by 16.62% year-on-year, reaching ₹2,72,249 crore in Q1 FY26, compared to ₹2,33,444 crore in Q1 FY25.

Gross Stage 3 Assets saw a marginal decline of 1.68%, coming in at ₹12,199 crore in Q1 FY26 versus ₹12,408 crore in the same quarter of the previous year.

However, Net Stage 3 Assets increased by 12.07%, rising to ₹6,793 crore in Q1 FY26 from ₹6,062 crore in Q1 FY25.

Book Value per share (post share split and restated for prior periods) improved by 15.59%, increasing to ₹310.93 in Q1 FY26 from ₹269.00 in Q1 FY25.

 

Latest

US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has...

Newsletter

Don't miss

US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity...

GAIL mulls supply cuts on customers, amid Force Majeure notices

GAIL said its long-term suppliers, Petronet LNG Ltd, has...

US Trade court orders tariff refunds: report

"All importers of record whose entries were subject to...

US grants 30-day waiver to India to buy Russian Oil: Treasury Secretary Scott Bessent

To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait of Hormuz, located between Oman and Iran and the vital artery for global energy trade,...

Somany Ceramics says supplier restricts gas supply, amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity of gas supply shall be provisionally restricted to 50 per cent of the contracted quantity...