Shriram Finance stock: Q2 profit jumps 59% to INR 3,684 crore
Published on 10/30/2026 at 09:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSQ2 growth broadens the earnings base
- Assets under management increased 17 percent year on year to INR 3,29,021 crore at September 30, 2026.
- Net interest income rose 38 percent, while management linked stronger profit growth to automobile demand after GST 2.0 reforms.
- The board also approved an interim dividend for eligible shareholders.
Shriram Finance reported a sharp increase in quarterly profitability for the period ended September 30, 2026. As reported by Business Standard on October 23, consolidated net profit rose 59 percent year on year to INR 3,684 crore in the second quarter of fiscal 2027.
Consolidated total income increased 16 percent to INR 13,802 crore from INR 11,921 crore a year earlier. Standalone profit after tax reached INR 3,677 crore, compared with INR 2,307 crore in the year-ago quarter. Basic earnings per share rose 27 percent to INR 15.63 from INR 12.27.
Automobile demand supports lending growth
Executive Vice-Chairman Umesh Revankar attributed the profit increase mainly to stronger automobile demand following the GST 2.0 reforms. For investors, the result highlights the importance of vehicle financing to Shriram Finance's earnings momentum, while the broader lending cycle remains central to future growth.
Assets under management stood at INR 3,29,021 crore on September 30, up 17 percent from INR 2,81,309.46 crore a year earlier. The sequential increase from INR 3,13,798.39 crore at the end of the first quarter points to continued expansion of the loan book.
Dividend adds a shareholder return
Net interest income rose 38 percent year on year to INR 8,661.04 crore from INR 6,266.84 crore. Alongside the results, the board declared an interim dividend of INR 6.50 per share, giving eligible shareholders an additional distribution tied to the first half of fiscal 2027.
The earnings release leaves investors focused on whether vehicle demand can sustain loan growth and whether higher profitability will translate into durable credit performance. The next results update should provide further evidence on these operating trends.
Shriram Finance company facts
- Company: Shriram Finance
- ISIN: INE721A01013
- Business: Non-bank financial company
- Reporting period: Second quarter of fiscal 2027, ended September 30, 2026
- Interim dividend: INR 6.50 per share
The Indian market backdrop remains relevant for lenders, with the BSE Sensex reflecting broader domestic equity sentiment.
More news and analysis can be found on Shriram Finance stock.
