Shriram Finance Q1 Result: Net profit jumps 9%; NII grows to ₹6,026 crore YoY

The leading non-banking lender’s total revenue from operations grew over 20% year-on-year (YoY) to ₹11,536 crore in Q1 FY26 as compared to ₹9,605 crore in the same quarter of the previous fiscal year.

The standalone net interest income (NII) for the first quarter of FY26 increased 12.55% to ₹6,026.43 crore as against ₹5,354.47 crore in Q1 FY25.

The earning per share (basic) increased by 8.73% and was ₹11.46 as against ₹10.54 recorded in the same period of the previous year.

The total assets under management (AUM) for Q1 FY26 rose 16.62% to ₹2,72,249.01 crore in contrast to ₹2,33,443.66 crore as of June 30.

Shriram Finance’s loan losses and provisions stood at ₹1,286 crore, which came down 18% sequentially while rising 8.3% on a YoY basis.

Shares of Shriram Finance were trading at ₹611.65 apiece on the National Stock Exchange, declining 3.46%.

The gross non-performing asset (NPA) ratio of Shriram Finance declined to 4.53% in the reporting period against 4.55% in Q4 FY25, while its net NPA ratio was at 2.57% against 2.64% in the March quarter.

Last month, the flagship company of the diversified conglomerate Shriram Group had revised its interest rates on fixed deposits with effect from June 26.

During the quarter, Shriram Finance received the approval from the Reserve Bank of India (RBI) to acquire a 100% equity stake in Shriram Overseas Investments Private Limited (SOIPL) from Shriram Investments Holdings Private Limited (SIHPL).

The RBI had also greenlit the appointment of Umesh Revankar, Executive Vice Chairman, and Parag Sharma, Managing Director & CFO of Shriram Finance, as directors on the board of SOIPL.

Umesh Revankar had said the company aims to cross ₹3 lakh crore in FY26, and this financial year would close over ₹2.5 lakh crore.