Net interest income (NII) for the quarter stood at ₹5,773 crore, also slightly below the estimated ₹6,002 crore. Despite the miss, NII recorded a year-on-year growth of 10.3% compared to ₹5,234 crore in the same quarter last year.
Operating profit came in at ₹4,192 crore, lower than the Street expectation of ₹4,422 crore.
On the asset quality front, the company reported marginal improvement. Gross non-performing assets (GNPA) declined to 4.53% from 4.55% in the previous quarter, while net NPA improved to 2.57% from 2.64% quarter-on-quarter.
Total Assets under Management increased by 16.62% to ₹2.72 lakh crore as compared to ₹2.33 lakh crore in the same quarter last year.
Following the earnings announcement, shares of Shriram Finance are trading 2.08% lower on Friday at ₹620.15. The stock is up 6% on a year-to-date basis.
First Published: Jul 25, 2025 2:07 PM IST