Shriram Finance Limited — Dividend/Bonus, 24-01-2025: Dividend

The Board of Directors of Shriram Finance Limited has approved a second interim dividend of 125%, amounting to ₹2.50 per equity share (face value ₹2) for the financial year 2024-25. The record date for this dividend is set for January 31, 2025, and payments will be made to eligible shareholders by February 22, 2025. The company posted a profit after tax of ₹3,569.76 crore for the third quarter ended December 31, 2024, significantly boosted by a one-time gain of ₹1,489.39 crore from the sale of its stake in Shriram Housing Finance Limited. This demonstrates a robust performance despite excluding this exceptional item, with a 14.41% year-on-year increase in net profit at ₹2,080.37 crore. The total assets under management as of the same date increased by 18.78% to ₹2,54,469.69 crore.