{
  "id": 16191982,
  "title": "Shriram Finance Q2 Net Profit Rises 59 Per Cent To ₹3,684 Crore; Board Approves ₹6.50 Interim Dividend",
  "url": "https://urgent.news/2026/10/23/shriram-finance-q2-net-profit-rises-59-per-cent-to-3-684-crore-board",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-23T13:41:47.000Z",
  "source": {
    "name": "Free Press Journal",
    "slug": "free-press-journal",
    "url": "https://www.freepressjournal.in/business/shriram-finance-q2-net-profit-rises-59-per-cent-to-3684-crore-board-approves-650-interim-dividend"
  },
  "original_language": "en",
  "account": "New Delhi, October 23, 2026: Shriram Finance Ltd announced a significant rise in its net profit for the second quarter of the current fiscal year, with a 59 per cent increase to Rs 3,684 crore. This marks a notable improvement from Rs 2,314 crore in the same period last year. The company's total income also increased to Rs 13,802 crore, up from Rs 11,921 crore in the previous quarter.\n\nThe National Bank for Financing Infrastructure and Development (NBFC) earned interest income of Rs 13,386 crore, a substantial rise from Rs 11,551 crore in the same quarter a year ago. Despite a marginal increase in total expenses to Rs 8,870 crore from Rs 8,808 crore, the company maintained stable asset quality. Gross non-performing assets remained at 4.65 per cent of gross advances, slightly bettering the 4.57 per cent recorded in the previous fiscal year.\n\nIn a positive move, the board approved an interim dividend of Rs 6.50 per equity share, representing a 325 per cent increase, fully paid up for the fiscal year 2026-27. Standalone, the company's profit grew by 59 per cent, reaching Rs 3,677 crore compared to Rs 2,307 crore in the previous quarter. Additionally, the company's total assets under management expanded by 17 per cent to Rs 329,022 crore in Q2 FY27, reflecting a 82.65 per cent increase from Rs 2,81,309 crore as of September 30, 2025.",
  "summary": "New Delhi, October 23, 2026: Shriram Finance Ltd on Friday reported a 59 per cent increase in consolidated net profit to Rs 3,684 crore in the second quarter of the current fiscal. The flagship company of diversified conglomerate Shriram Group had earned a consolidated net profit of Rs 2,314 crore in the second quarter of the preceding financial year. Total Income Rises To Rs 13,802 Crore Total…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}