Shriram Finance Q2 results: Profit rises 7% to Rs 2,314 crore

Shriram Finance Ltd, the flagship company of diversified conglomerate Shriram Group, on Friday reported a 7 per cent rise in consolidated net profit to Rs 2,314 crore in the second quarter of the current fiscal.

The NBFC company had posted a consolidated net profit of Rs 2,153 crore in the second quarter of the previous fiscal.

Total revenue rose to Rs 11,921 crore in the quarter under review, compared to Rs 10,097 crore in the same period a year ago, Shriram Finance said in a filing with the regulator.

The NBFC company earned interest income of Rs 11,551 crore in the quarter, compared to Rs 9,815 crore in the same period a year ago.

Total expenditure also rose to Rs 8,808 crore, compared to Rs 7,345 crore in the same period in the previous fiscal.

The company’s asset quality improved with gross non-performing assets (NPAs) declining to 4.57 percent of gross advances as on September 30, 2025, against 5.32 percent at the end of the second quarter of the previous fiscal. Net NPAs also declined to 2.49 percent of advances from 2.64 percent at the end of September last year. The board of directors approved an interim dividend of 240 percent. or Rs 4.80 per equity share of face value of Rs 2, each fully paid up by 2025-26.

On a standalone basis, the NBFC company reported 11 per cent growth in net profit to Rs 2,307 crore, compared to Rs 2,071 crore in the second quarter of the previous fiscal.

At the same time, total revenues rose to Rs 11,917 crore, compared to Rs 10,097 crore in the year-ago quarter.

Total assets under management rose 15.74 per cent to Rs 2,81,309.46 crore from Rs 2,43,042.55 crore as on September 30, 2024.

In a separate filing, Shriram Finance said, the board of directors has also approved the reappointment of Jugal Kishore Mohapatra as an independent director of the company for a second term of three consecutive years commencing from December 4, 2025 to December 3, 2028. He is also chairman of the board of directors.

It also approved the reappointment of Parag Sharma, currently Chief Financial Officer designated as Managing Director & Chief Financial Officer, as ‘Managing Director & Chief Executive Officer’ of the company with effect from December 5, 2025 in place of YS Chakravarti.