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Shriram Finance Q3 Results: Profit Rises 73.4% On One-Time Gain

Shriram Finance shares fell 3.90% after Q3 results, as net profit excluding the Rs 1,554 crore exceptional gain was lower than the previous year.

Vishwanath Nair

Shriram Finance reported a Rs 3,249 crore net profit in Q3, up from Rs 1,874 crore last year, on one-time gains. (Shriram Finance Source: Vijay Sartape/NDTV Profit)

Shriram Finance Ltd. saw its net profit for the December quarter surge by 73.4% year-on-year on a one-time gain of Rs 1,554 crore due to the sale of Shriram Housing Finance.

Also Read: Q3 Results Updates: DLF, BoI Profit Rises; IndiGo, JSW Steel, Godrej Consumer Profits Slip

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WRITTEN BY
Vishwanath Nair
Vishwanath is Editor- Banking at NDTV Profit. He started working as a busin... more
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