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.

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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.

 

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