Shriram Finance Profit Surges Amid Strategic Debt Issuance

Shriram Finance reported an 8.83% increase in its net profit, reaching Rs 2,156 crore in the June quarter. The company's total income rose to Rs 11,542 crore, compared to Rs 9,610 crore last year. The board approved the issuance of debt securities, with shares closing 2.85% lower.

Shriram Finance has announced an 8.83% rise in net profit, amounting to Rs 2,156 crore for the June quarter, marking an impressive financial performance. The non-banking finance company previously recorded a standalone net profit of Rs 1,981 crore in the April-June quarter of 2024-25.

This achievement is further underscored by a significant increase in total income, which reached Rs 11,542 crore for the April-June period of FY26, up from Rs 9,610 crore in the same quarter of FY25. This growth trajectory highlights the company's robust financial health.

In a strategic move, Shriram Finance's board also approved the issuance of debt securities, including redeemable non-convertible debentures and bonds. This is set to take place from August 1, 2025, to October 31, 2025, aimed at strengthening its financial standing. Despite this news, shares closed 2.85% lower at Rs 615.30 apiece on the BSE.

(With inputs from agencies.)