Conference Call with Shriram Finance Management and Analysts on Q4FY24 Performance and Outlook. Listen to the full earnings transcript.
Conference Call with Shriram Finance Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.
Non-banking Financial company Shriram Finance announced Q3FY24 & 9MFY24 results: Standalone Q3FY24: - Net Interest Income (NII): Rs 5,093.93 crore, a 15.04% increase from the previous year's Rs 4,427.88 crore. - Profit After Tax (PAT): Rs 1,818.34 crore, up by 2.33% from the prior year's figure of Rs 1,776.97 crore. - Earnings Per Share (EPS - Basic): Rs 48.42, a growth of 2.02% from the previous year's Rs 47.46. Standalone 9MFY24: - Net Interest Income (NII): Rs 14,350.79 crore, marking a 14.65% increase from Rs 12,517.18 crore in the previous year. - Profit After Tax (PAT): Rs 5,244.62 crore, a 12.28% rise from Rs 4,671.03 crore recorded in the same period last year. - Earnings Per Share (EPS - Basic): Rs 139.83, up by 12.09% from Rs 124.75. Consolidated Q3FY24: - Net Interest Income: Rs 5,274.91 crore, an increase of 16.93% from Rs 4,511.35 crore last year. - Net Profit: Rs 1,873.59 crore, growing by 3.99% from Rs 1,801.66 crore in the same quarter of the previous year. - Earnings Per Share (EPS - Basic): Rs 49.70, up by 2.96% from Rs 48.27. Consolidated 9MFY24: - Net Interest Income: Rs 14,824.22 crore, representing a 16.42% growth from Rs 12.733.81 crore. - Net Profit: Rs 5,377.61 crore, increasing by 13.65% from Rs 4,731.85 crore. - Earnings Per Share (EPS - Basic): Rs 142.84, a 12.89% increase from Rs 126.53. Interim Dividend: - An interim dividend of Rs 10/- per share (100%) has been declared. Assets Under Management (AUM - Standalone) as of December 31, 2023: - Total AUM stands at Rs 2,14,233.47 crore, up by 20.70% from Rs 1,77,498.02 crore a year ago and from Rs 2,02,640.96 crore as of September 30, 2023. Result PDF
Non-banking Financial company Shriram Finance announced Q2FY24 results: 1. Financial Performance: Consolidated Q2FY24: Consolidated net interest income for Q2FY24 increased by 18.80% to Rs 4,969.39 crore, up from Rs 4,183.02 crore in Q2FY23. Consolidated net profit for Q2FY24 increased by 13.51% to Rs 1,791.83 crore, compared to Rs 1,578.56 crore in Q2FY23. Consolidated EPS (basic) for Q2FY24 increased by 12.93% to Rs 47.61, up from Rs 42.16 in Q2FY23. Standalone Q2FY24: In Q2FY24 ended September 30, 2023, Shriram Finance reported a 17.38% increase in Net interest income, reaching Rs 4,818.18 crore compared to Rs 4,104.86 crore in Q2FY23. The profit after tax for Q2FY24 increased by 12.59% to Rs 1,750.84 crore, up from Rs 1,555.11 crore in Q2FY23. The earnings per share (basic) for Q2FY24 increased by 12.38% to Rs 46.67, compared to Rs 41.53 in Q2FY23. 2. Interim Dividend: - The Board of Shriram Finance declared an interim dividend of Rs 20/- (200%) per share. - The record date for the entitlement of the interim dividend has been fixed as November 06, 2023. 3. Assets under Management: - Total Assets under Management as of September 30, 2023, increased by 19.65% to Rs 2,02,640.96 crore, compared to Rs 1,69,359.08 crore as of September 30, 2022, and Rs 193,214.67 crore as of June 30, 2023. Result PDF