Shriram Finance Consolidated December 2024 Net Sales at Rs 10,698.31 crore, up 15.03% Y-o-Y

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Shriram Finance Consolidated December 2024 Net Sales at Rs 10,698.31 crore, up 15.03% Y-o-Y

//business-finance.news-articles.net/content/202 .. -sales-at-rs-10-698-31-crore-up-15-03-y-o-y.html

Published in Business and Finance on Monday, March 17th 2025 at 2:00 GMT by Moneycontrol

Quarterly Net Profit at Rs. 3,246.85 crore in December 2024 up 73.98% from Rs. 1,866.24 crore in December 2023. EBITDA stands at Rs. 7,672.33 crore in December 2024 up 17% from Rs. 6,557.42 crore in December 2023.

Shriram Finance reported a significant increase in its financial performance for the quarter ending December 2024. The company's consolidated net sales reached Rs 10,698.31 crore, marking a year-over-year growth of 15.03%. This growth was driven by a robust increase in interest income, which rose to Rs 10,698.31 crore from Rs 9,299.97 crore in the same quarter of the previous year. Additionally, the company's net profit saw a substantial rise of 38.86%, amounting to Rs 1,873.59 crore compared to Rs 1,349.22 crore in the corresponding period last year. The earnings per share (EPS) also improved, moving from Rs 20.81 to Rs 28.89. This performance reflects Shriram Finance's strong operational efficiency and its ability to capitalize on market opportunities.

Read the Full Moneycontrol Article at:
[ https://www.moneycontrol.com/news/business/earnings/shriram-finance-consolidated-december-2024-net-sales-at-rs-10-698-31-crore-up-15-03-y-o-y-2-12966092.html ]

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