Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Wednesday, October 14
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Finance»Shriram Finance Q4 Results: Core income jumps 21%; asset quality largely stable
    Finance

    Shriram Finance Q4 Results: Core income jumps 21%; asset quality largely stable

    April 24, 20262 Mins Read


    Shares of Shriram Finance Ltd edged higher in trade after the company reported a strong March quarter performance, led by robust growth in core income and profitability, even as asset quality remained broadly stable.

    For the quarter, net profit rose 41% year-on-year to ₹3,014 crore, while net interest income (NII) grew 21% to ₹6,751 crore, reflecting steady loan growth and improving operational performance.

    However, asset quality showed limited movement. Gross non-performing assets (NPAs) stood at 4.58%, marginally higher than 4.54% in the previous quarter, while net NPAs improved slightly to 2.33% from 2.38% sequentially.

    The company’s assets under management (AUM) rose 14.85% year-on-year to ₹3.02 lakh crore as of March-end, indicating continued expansion in its lending book.
    Shares of Shriram Finance ended at ₹1,016 on the NSE, up ₹6.70 or 0.66%, after hitting an intraday high of ₹1,030.40.

    On the capital front, Shriram Finance recently completed a ₹39,620 crore preferential allotment to MUFG Bank, which now holds a 20% stake, strengthening its capital base for future growth.

    The board recommended a final dividend of ₹6 per share for FY26, taking the total dividend payout for the year to ₹10.80 per share, including the interim dividend.

    Also Read: Dividend Stock: Refiner falls over 6% despite announcing highest payout in two years

    Separately, the company approved the reappointment of Parag Sharma as Managing Director and Chief Executive Officer for a further five-year term starting December 2026, subject to shareholder approval.

    Multiple credit rating upgrades during the month, including to AAA by domestic agencies, further underscore improved financial strength, even as investors remain watchful of asset quality trends.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleGovernment Debt: Not What the Doom Crowd Thinks It Is
    Next Article Shriram Finance Q4FY26: Profit up 40.86%, Rs 6 dividend announced – Industry News

    Related Posts

    Finance

    Car finance compensation scheme update as date set for legal challenge

    October 13, 2026
    Finance

    ‘They’re fed up of waiting’: Motor finance consumers flock to lawyers as motor finance hearing set for 2027

    October 13, 2026
    Finance

    Civil Service Student Placement Scheme launches with over 100 places

    October 12, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Bitcoin

    Michael Saylor’s Strategy Buys More Bitcoin, Now Holds 717,131 BTC

    February 17, 2026
    Finance

    How Companies Can Get An Edge In Finance With AI

    October 18, 2025
    Stock Market

    Dow futures extend gains to 300 points; S&P, Nasdaq at record highs

    June 30, 2025
    What's Hot

    Five rural homes listed near foraging locations across UK

    September 25, 2026

    Bitcoin Protected From Severe Crash Unless Saylor Sells, Says CryptoQuant CEO

    February 1, 2026

    Stocks cautiously higher as cooler UK jobs market paves way for rate cuts

    May 13, 2025
    Most Popular

    Bitcoin Swift AI Engine Makes Smart Contracts Autonomous, Auditable, and Adaptive

    August 2, 2025

    EUR/USD Gains as Divergent PMI Data Steers European Bond Yields Lower

    November 21, 2025

    Goldman Sachs Reveals $418 Million Bitcoin ETF Holdings in Latest Quarterly Filing

    August 14, 2024
    Editor's Picks

    Asian Stocks Fall After US Tech Slump; Yen Swings: Markets Wrap

    July 12, 2024

    Sales at China’s Top 100 Builders Fall Over 13% in First Seven Months

    August 1, 2025

    Utility rate increase in Fargo proposed for 2025 – InForum

    July 12, 2024
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.