Shriram Finance Limited (SHRIRAMFIN) — Financial Results | 24 January 2025(4 announcements)

Shriram Finance reported a 14.31% YoY rise in Net Interest Income to ₹5822.69 crores for Q3 FY25, driven by strong loan growth and asset quality improvements. The company declared an interim dividend of ₹2.50 per share (record date Jan 31, 2025) and posted a 14.41% YoY increase in PAT excluding exceptional items, reaching ₹2080.37 crores. AIN grew 18.78% YoY to ₹2.54 trillion, with Stage 3 assets well covered at 51.64%. The disinvestment of Shriram Housing Finance generated a net exceptional income of ₹14,893.90 million after tax, contributing significantly to total income. The board approved resource mobilization plans including NCD issuance to bolster Tier II capital, with full utilization of funds raised. Regulatory compliance remains robust, with auditors confirming no material misstatements and security cover verified at 1.08x book value.

Shriram Finance reported a 14.31% YoY rise in Net Interest Income to ₹5,822.69 crores for Q3 FY25, driven by strong loan growth and asset quality. PAT grew 14.41% YoY to ₹2,080.37 crores excluding a one-time gain, with EPS at ₹11.07. The Board approved a Rs. 2.50 interim dividend per share (record date Jan 31, 2025), payable by Feb 22, 2025. AIN grew 18.78% YoY to ₹2.54 trillion, and CRAR stood at 21.00%. The company successfully utilized 100% of ₹1,984 crores raised via NCDs for Tier II capital augmentation and debt refinancing without deviations.

Shriram Finance reported a 69.9% YoY jump in net profit to Rs 3,248.64 crores for Q3 FY25, driven by a Rs 1,553.66 crore gain from selling Shriram Housing Finance and a 1:5 stock split. It declared a Rs 2.50 interim dividend per share, payable by February 22, 2025, with a record date of January 31. The company also raised Rs 2,309 crores via NCDs in December 2024, fully utilized for debt refinancing and working capital, with no deviations. AUM grew 18.78% YoY to Rs 2.54 trillion, reflecting robust loan book expansion across key segments.

Shriram Finance reported a 69.9% YoY jump in net profit to ₹3,235.45 crores for Q3 FY25, driven by strong revenue growth and a one-time gain, while declaring a ₹2.50 interim dividend per share. The company also disclosed a 14.31% YoY rise in net interest income to ₹5,822.69 crores and a 18.78% YoY increase in AUM to ₹2.54 trillion. Key regulatory filings confirmed full utilization of ₹1,984 crores raised via NCDs for capital augmentation and debt refinancing, with no deviations. The disinvestment of Shriram Housing Finance generated a net exceptional income of ₹1,489.39 crores after tax.