In Q4 of financial year 2023-2024 (FY24), the consolidated net profit of Shriram Finance stood at ₹2,021.28 crore as against ₹1,288.18 crore recorded in the same period of the previous year, due to rise in income and improved asset quality. During the period under review, the company's total income also zoomed 24 percent to ₹9,918.3 crore as against ₹7,979.75 crore during January to March period of 2022-23. Total assets under management as on March increased by 21.10 per cent and stood at ₹ 2.25 trillion as compared to ₹1.85 trillion as on March, 2023 and ₹2.14 trillion as on December, 2023.
During the entire financial year, consolidated profit after tax increased by 23 per cent and was seen at ₹7,398.89 crore as against ₹6,020.03 crore recorded in the previous year.
Total income for the financial year 2023-24 was up by 19 per cent to ₹36,412.99 crore as compared to ₹30,508.39 crore the previous fiscal.
Consolidated net interest income for the fourth quarter increased by 23 per cent and stood at 25,543.47 crore as against 4,533.63 crore in the same period of the previous year.&nbsp;Consolidated EPS (basic) increased by 57 per cent and was 53.47 as compared to ₹34.01 recorded in the same period of the previous year.

Shriram Finance logs 57% rise in Q4 profit

35.52,1200.74,577.62,149.86,2020.00,3101.00

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.