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Shriram Finance Q2 Results: Profit Jumps 59% To Rs 3,677 Crore, Dividend Declared | Check Record Date

Shriram Finance moved higher in a quarterly results development.

· NDTV Profit

he NBFC's net profit rose 59.4% to Rs 3,677 crore in the quarter from Rs 2,307 crore in the corresponding period last year.

Shriram Finance reported Rs 3,677 Crore and Rs 2,307 crore, with movement of 59% and 59.4% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -4.0% on the day at ₹865.00, and has returned -14.9% over three months. It sits 24% below its 52-week high. The financial services sector has moved -11.5% over the same period, so Shriram Finance is running 3.4 points behind its peers.

For Shriram Finance, the question is how much of this is already reflected in the price and how much re-rates the financial services peer set alongside it.

  • Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
  • Buybacks, dividends and splits change what a shareholder actually receives, and often signal how management reads its own value.
  • The company directly in focus is SHRIRAMFIN.
  • Sector exposure: Financial Services.
  • The immediate tone of coverage reads positive.
SHRIRAMFINFinancial Services