Shriram

Shriram Finance Q2 results: PAT up 7% to ₹2,314 cr, asset quality improves

Shriram Finance Ltd, the flagship company of diversified conglomerate Shriram Group, on Friday reported a 7 per cent increase in consolidated net profit at Rs 2,314 crore in the second quarter of the current fiscal year. The NBFC firm had earned a consolidated net profit of Rs 2,153 crore in the second quarter of the previous fiscal. Total income rose to Rs 11,921 crore in the quarter under review, from Rs 10,097 crore in the same period a year ago, Shriram Finance said in a regulatory filing. The NBFC firm earned an interest income of Rs 11,551 crore in the quarter as against Rs 9,815 crore in the same period a year ago. Total expenses also moved up to Rs 8,808 crore, as compared to Rs 7,345 crore in the same period in the previous fiscal. The company's asset quality improved with gross Non-Performing Assets (NPAs) declining to 4.57 per cent of gross advances as of September 30, 2025, from 5.32 per cent by the end of the second quarter of the previous fiscal. Net NPAs also moder

Why Shriram Bharatiya Kala Kendra's dance-drama, Ram, endures, 68 years on

The two-and-a-half-hour distillation of Tulsidas's epic has turned performance into pilgrimage, drawing audiences across generations

Life insurance more accessible with GST cut: Shriram Life Insurance CEO

The company's managing director and chief executive officer Casparus J H Kromhout talks to Shine Jacob about its future, the impact of recent regulatory decisions on business, and the new GST relief

Happy as NBFC unless there's glide path to becoming a bank: Umesh Revankar

Microfinance can never be a sunshine sector because every 5-6 years it gets into some kind of challenges, says Revankar

South Africa's Sanlam to become co-promotor at Shriram AMC with 23% stake

Sanlam joins as co-promoter of Shriram AMC, infusing ₹105 crore to boost quantamental investing and product innovation in India

Sanlam invests Rs 105 crore for 23% stake in Shriram Group's AMC arm

South Africa's Sanlam has invested Rs 105 crore for a 23 per cent stake in Shriram Group's asset management arm. The transaction marks the entry of Sanlam, an asset manager having over USD 80 billion under management, into the Indian market. It has an over 2-decade partnership with the Chennai-based diversified financial services group. With the investment, Sanlam becomes a co-promoter in Shriram Asset Management Company (AMC) with ShriramCredit Company, a statement said. The overall promoter stake in the listed company will increase to 71.17 per cent from the 62.55 per cent currently, it added. Sanlam Emerging Markets (Mauritius) was allotted 38.89 lakh shares in a preferential allotment, the statement said. It can be noted that the Indian AMC space has been attracting a slew of global players, and Blackrock was among the last major investors to enter the fray through a tie-up with Jio Financial Services. The last few years have seen a steady increase in the Indian AMCs' AUM. Th

Fitch upgrades Shriram Finance's rating on improved business profile

Fitch Ratings on Tuesday upgraded Shriram Finance Ltd's rating reflecting sustained improvement in standalone profile in recent years, particularly in funding diversity, risk management, portfolio quality and profitability. Fitch Ratings has upgraded India-based Shriram Finance Ltd's (SFL) Long-Term Foreign-and Local-Currency Issuer Default Ratings (IDRs) to 'BB+', from 'BB', with a 'stable' outlook. It said SFL has demonstrated steady performance since merging with its sister company, Shriram City Union Finance Ltd (SCUF), in 2022. The ratings also reflect SFL's time-tested and established franchise in used commercial-vehicle financing, seasoned management team, established risk controls and adequate balance-sheet buffers. India's robust medium-term growth potential and large, diversified economy should continue to support non-bank financial institutions' (NBFIs) business prospects and profitability in the medium-term. "The upgrade reflects sustained improvement in SFL's standalon

Shriram Finance Q4 results: Profit rises 10% to ₹21.39 bn, misses estimates

Analysts, on average, had expected a profit of Rs 22.24 billion, according to data compiled by LSEG data. The company's financing costs rose 31% in the quarter

S&P upgrades ratings for Shriram Finance, Muthoot & Sammaan Capital

Regulatory oversight led to more financial stability for NBFCs

Shriram Finance plans loan, adding to record $2 billion borrowing

The non-banking financial company plans to raise the funds through a three-year loan, according to Parag Sharma, managing director and chief financial officer at Shriram Finance

Shriram Life plans three-fold rise in AUM by 2030, bets on rural India

Insurance company's managing director says company expanding in rural India faster than its private competitors

Shriram Finance raises $1.27 bn in multi-currency syndicated loan

It's the largest syndicated multi-currency transaction by a private sector NBFC, says company

Shriram Finance in talks to borrow $1.2 bn in offshore loan for sector

The non-bank financial company will offer a multitranche deal split across currencies such as the dollar, euro and dirham, the people said asking not to be identified

Shriram Mutual Fund to launch industry-first multi sector rotation fund

Fund aims to invest in 3-6 sectors likely to outperform

NBFCs don't need bank status to succeed, say top leaders at BFSI Summit

Top executives of India's leading NBFCs at the Business Standard BFSI Insight Summit discussed whether they feel a need to step out from under the shadow of traditional banks

Shriram AMC launches new liquid fund meant for low-risk investors

Scheme will invest in very short term debt and money market instruments up to 91 days, according to asset manager

Shriram Finance Q2FY25 results: Net profit rises 20% to Rs 2,153 crore

The NBFC's total income during the period under review increased by 18 per cent to Rs 10,096.68 crore, up from Rs 8,564.45 crore during the same quarter in 2023-24

Shriram Finance Q2 results: Net profit rises 18% to Rs 2,071 crore

The standalone results do not include results of Shriram Automall India and Shriram Housing Finance, the latter of which the company said was being "held for sale" in its earnings statement

ITC, HUL, Airtel among 5 Nifty stocks to avoid as market bounces back

There 5 Nifty 50 stocks are struggling below the short-term moving average and given downside breakout on the super trend line; hence may see limited gains in case of a pullback, suggest tech charts.

Shriram Finance plans to raise $1 bn from overseas in next 6 months

NBFC Shriram Finance plans to raise USD 1 billion (about Rs 8,300 crore) from overseas in the next 6 months to fund its business growth. "We are planning to raise USD 300 million in the next few weeks, may be by October and rest USD 500-700 million during the remaining part of the current financial year," Shriram Finance Managing Director and CEO Y S Chakravarti told PTI. The fund raise would also include loans from development financial institutions like Asian Development Bank, Kfw, and United States Development Finance Corporation (DFC). The timing would depend on market conditions, he added. To fund its business growth, the Non-Banking Financial Company (NBFC) raises resources from diversified sources like public deposits, bank finance and raising money from domestic markets. On the loan growth, Chakravarti said, it is expected to increase 15 to 16 per cent during the current financial year. The company's Assets Under Management (AUM) stood at Rs 2.33 lakh crore at the end of J