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 board also approved a resource mobilization plan for debt securities and confirmed no deviation in the utilization of Rs. 39,617.98 Cr from a recent preferential issue or Rs. 100 Cr from non-convertible securities, strengthening its operational funding and capital base.

The security cover for secured non-convertible debentures stood at 1.09 times.