Shriram Finance Q4 Results: Net profit up 6% YoY, final dividend of ₹3/share recommended

Shriram Finance on Friday posted a 6% year-on-year (YoY) jump in its consolidated net profit for the March quarter of the financial year 2024-25 (Q4 FY25) to ₹2,143.77 crore as against ₹2,021.28 crore reported in the year-ago quarter.

The company’s net interest income (NII) climbed 9.4% YoY to ₹5,565.5 crore in the January-March quarter of FY25 as compared to ₹5,089 crore in the same quarter of last year.

The NBFC major’s board recommended a final dividend of ₹3 per equity share with a face value of ₹2 each for the financial year ended March 31, 2025. The record date is set as July 11, 2025. The final dividend is subject to approval by the company shareholders at its 46th AGM.

This is in addition to the interim dividend declared on October 25, 2024 (₹22/share, pre-split, with a face value of ₹10 each) and on January 24, 2025 (₹2.5/share with a face value of ₹2 each).

The gross non-performing asset (NPA) ratio of Shriram Finance improved to 4.55% in the reporting period against 5.38% in Q3 FY25, while its net NPA ratio was at 2.64% against 2.68% in the December quarter. Meanwhile, the provision coverage ratio of the company fell to 43.28% in Q4 FY25 against 51.64% in the previous quarter.

On a standalone basis, the company’s net profit grew by 9.9% to ₹2,139.39 crore in the reporting quarter against ₹1,945.87 crore in Q4 FY24.

Shares of Shriram Finance ended 5.95% lower at ₹655.20 apiece on the NSE on Friday, April 25. The market capitalisation of the company stands at ₹123,202 crore.