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Business OverviewShriram Transport Finance Company Ltd is a part of the SHRIRAM Group conglomerate which has a significant presence in the financing business. STFC is engaged in the business of commercial vehicle financing mainly focusing on trucks from preowned to new ones. It's a Deposit-taking NBFC comprising 1,758 branches, 831 rural centers, and partnerships with ~500 private financiers.
Shriram Finance's Board approved the financial results for the quarter, reporting a 59.79% jump in standalone profit after tax to Rs. 3,444.56 Cr and a 33.67% rise in net interest income to Rs. 8,055.70 Cr. The company's Assets Under Management (AUM) grew by 15.26% year-on-year to Rs. 313,798.39 Cr. The...
Shriram Finance's Board approved robust Q4 and FY26 results. Q4 profit after tax jumped 40.86% to Rs 3,013.57 Cr, with Net Interest Income up 15.58%. Full-year PAT (excluding one-time gain) increased 20.87% to Rs 9,998.15 Cr, and Assets Under Management expanded 14.85% to Rs 302,273.75 Cr. The company declared a...
The Board of Directors of Shriram Finance Limited has approved the unaudited financial results for the quarter and nine months ended December 31, 2024. The Net Interest Income for Q3 rose 14.31%, totaling ₹5,822.69 crore. Profit after tax, including a one-time gain of ₹1,489.39 crore from the stake sale in...