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'MUFG deal approvals are expected by March'
Financial Express Chandigarh
|January 24, 2026
Shriram Finance managing director and chief executive Parag Sharma tells Kshipra Petkar about the company’s profit run-rate outlook and asset quality trends.
In the interview, he also says the regulatory approvals for MUFG’s investment are expected by March. Excerpts:
How should we look at the current quarterly profit run-rate?
This quarter’s profit includes a one-off expense of about 196 crore due to changes in the Labour Code (Wages Act). Without that, the profit would have been higher by roughly %130 crore post-tax. So, that (2,500 crore plus about ¢crore) should be seen as the minimum quarterly run-rate going forward.
The AUM growth guidance for the full year?
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