Shriram Finance Limited — PPTs, 24-01-2025: Investor Presentation
The Board of Directors of Shriram Finance Limited has approved the unaudited standalone and consolidated financial results for the third quarter and nine months ending December 31, 2024. Notably, the company reported a net interest income increase of 14.31%, amounting to ₹5,822.69 crore, compared to ₹5,093.93 crore in the same quarter last year. The after-tax profit reached ₹3,569.76 crore, bolstered by a one-time gain of ₹1,489.39 crore from selling its stake in Shriram Housing Finance Limited, now under the name Truhome Finance Limited. Excluding this exceptional gain, the profit after tax grew by 14.41% to ₹2,080.37 crore.
In terms of dividend, a second interim dividend of ₹2.50 per equity share has been declared, with the record date set for January 31, 2025. Additionally, the company's assets under management (AUM) surged by 18.78%, totaling ₹2.54 trillion, compared to ₹2.14 trillion a year ago. This performance reflects strong operational momentum and effective financial management. Investors should maintain a positive outlook as the company's growth trajectory and solid profitability indicators suggest continued resilience in the competitive landscape.
