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Shriram Finance reports 57% rise in Q4 consolidated net profit
Apr-26-2024

Shriram Finance has reported results for fourth quarter (Q4) and year ended March 31, 2024.

The company has reported 48.73% rise in its net profit at Rs 1,945.87 crore for the quarter under review as compared to Rs 1,308.31 crore for the same quarter in the previous year. Total income of the company increased by 22.25% at Rs 9,497.85 crore for Q4FY24 as compared Rs 7,769.15 crore for the corresponding quarter previous year. 

On consolidated basis, the company has reported 57.06% rise in its net profit at Rs 2,018.33 crore for fourth quarter ended March 31, 2024 as compared to Rs 1,285.04 crore for the same quarter in the previous year. Total income of the company increased by 24.29% at Rs 9,918.30 crore for Q4FY24 as compared Rs 7,979.75 crore for the corresponding quarter previous year.

For the year ended March 31, 2024, the company has reported 20.26% rise in its net profit at Rs 7,190.48 crore as compared to Rs 5,979.34 crore for the previous year. Total income of the company increased by 17.43% at Rs 34,997.61 crore for year under review as compared to Rs 29,802.89 crore for year ended March 31, 2023.

For the year ended March 31, 2024, on the consolidated basis, the company has reported 22.95% rise in its net profit at Rs 7,391.11 crore as compared to Rs 6,011.47 crore for the previous year. Total income of the company increased by 19.35% at Rs 36,412.99 crore for year under review as compared to Rs 30,508.39 crore for year ended March 31, 2023. 


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