Shriram Finance Q2 profit jumps 59% YoY to Rs 3,677 crore on strong interest income, lower funding costs
60-Word AI Digest
Shriram Finance reported a 59.4% year-on-year rise in Q2 FY27 standalone profit to Rs 3,677 crore, driven by higher net interest income and lower funding costs. Assets under management grew 17%, while the board declared an interim dividend of Rs 6.50 per share.
Key Takeaways
- Shriram Finance reported a 59.4% year-on-year rise in Q2 FY27 standalone profit to Rs 3,677 crore, driven by higher net interest income and lower funding costs.
- Assets under management grew 17%, while the board declared an interim dividend of Rs 6.50 per share.
- Full details and original dispatch available below.
Shriram Finance reported a 59.4% year-on-year rise in Q2 FY27 standalone profit to Rs 3,677 crore, driven by higher net interest income and lower funding costs. Assets under management grew 17%, while the board declared an interim dividend of Rs 6.50 per share.
Original Publisher Attribution
This summary was curated from Economic Times.