26/7/2024, 3:06:02 pm

Shriram Finance Shares Soar 6% As Profit Grows 19% In Q1

Shriram Finance's share price surged 6.75% to ₹2,859.95 after reporting a 19% increase in consolidated net profit to ₹2,022.8 crore for the quarter ended June. The non-banking financial company's total revenue from operations rose 20% to ₹9,605 crore, with net interest income up 20.63% to ₹5,354.47 crore. Total assets under management increased 20.82% to ₹2.33 lakh crore.