Shriram Finance Q2FY25 Results
Shriram Finance’s net profit grew over 17% YoY
- 04 Nov 2024
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- Shriram Finance’s net income grew by 5.2% quarter-on-quarter (QoQ) during the quarter ended Sept (Q2FY25). On a year-on-year (YoY) basis, it witnessed an increase by 17.9%.
- Its expenses for the quarter were up by 6% QoQ and 18.2% YoY.
- Shriram Finance’s net profit was up 4.7% QoQ and 18.3% YoY.
- The earnings per share (EPS) of Shriram Finance stood at 55.1 during Q2FY25.
Shriram Finance’s financial statements for Q2FY25:
| (Rs, crores) | Q2FY24 | Q1FY25 | Q2FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total income | 8,564 | 9,597 | 10,097 | 5.2% | 17.9% |
Total expenses | 6,212 | 6,930 | 7,345 | 6.0% | 18.2% |
Profit before tax | 2,352 | 2,667 | 2,752 | 3.2% | 17.0% |
Tax | 601 | 686 | 680 | -0.8% | 13.1% |
Profit after tax | 1,753 | 1,982 | 2,075 | 4.7% | 18.3% |
Earnings per share | 46.6 | 52.6 | 55.1 |
Financials:
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Total Income grew by 17.89% to ₹100,966.8 million in Q2 FY25 from ₹85,644.5 million in Q2 FY24.
-
Net Interest Income rose by 16.37% to ₹56,067.4 million, with Net Direct Assignment Income at ₹447.4 million in Q2 FY25 versus ₹1,043.3 million in Q2 FY24.
-
PAT (Profit After Tax) increased by 18.30%, reaching ₹20,712.6 million compared to ₹17,508.4 million in Q2 FY24.
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EPS (Earnings Per Share) improved by 18.04%, rising to ₹55.09 from ₹46.67 in Q2 FY24.
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
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