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Shriram Finance net profit grows 14.4% to 2,080 crore
The Morning Standard
|January 25, 2025
Shriram Finance, the flagship company of Chennai-based Shriram Group, on Friday reported 14.4% year-on-year growth in standalone net income from operations at ₹2,080.4 crore in the December quarter.
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But the actual reported post-tax profit for the period was at ₹3,569.8 crore as the company has booked a one-time gain of ₹1,489.4 crore from the sale of its subsidiary Shriram Housing Finance that is now renamed as Truhome Finance.
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