Shriram Finance’s net profit surges 18% in Q2FY25

Ace News

28th Oct 2024

Shriram Finance has reported results for second quarter ended September 30, 2024 (Q2FY25).

The company has reported 18.30% rise in its net profit at Rs 2,071.26 crore for the quarter ended September 30, 2024 as compared to Rs 1,750.84 crore for the same quarter in the previous year. Total income of the company increased by 17.89% at Rs 10,096.68 crore for Q2FY25 as compared to Rs 8,564.45 crore for the corresponding quarter previous year.

Shriram Finance (Formerly Shriram Transport Finance Company) is one of the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets.