Shriram Finance Reports Record Q3 FY24-25 Results Amidst Competitive Landscape
Shriram Finance announced its third-quarter financial results for FY24-25, achieving record net sales of Rs 10,698.31 crore and a peak operating profit of Rs 7,665.17 crore. The profit before tax, excluding other income, was Rs 2,738.80 crore, reflecting the company's strong performance in the finance sector.
Shriram Finance has reported its financial results for the third quarter of FY24-25, with results declared on January 24, 2025. The company, a significant entity in the finance and non-banking financial company (NBFC) sector, achieved record net sales of Rs 10,698.31 crore, demonstrating consistent growth over the last five quarters. Operating profit also reached a new high at Rs 7,665.17 crore, indicating a strong upward trend in the company's operational efficiency. Additionally, profit before tax, excluding other income, stood at Rs 2,738.80 crore, further underscoring the company's robust financial health.
However, there has been an adjustment in evaluation, with Shriram Finance's score reflecting a change over the past three months. Overall, the recent financial results highlight Shriram Finance's strong performance in the competitive finance sector.
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