Shriram Finance. File | Photograph courtesy: Particular Preparations
Non-banking lender Shriram Finance on Friday (January 23, 2026) reported a 22% decline in internet revenue for the December quarter to Rs 2.53 billion on a consolidated foundation.
The corporate had reported a internet revenue of Rs 3,249 crore within the year-ago interval and Rs 2,314 crore within the earlier quarter.
At a standalone stage, internet worth within the third quarter decreased to Rs 2,522 billion from Rs 3,570 billion within the year-ago interval. The corporate benefited from the sale of its housing finance division in the identical interval final 12 months.
Core internet curiosity revenue elevated by 16% to Rs 6,765 crore within the reported quarter as belongings below administration elevated by 14.63% and internet curiosity margin widened by 0.10% to eight.58%.
Different revenue rose almost 18% to Rs 1,153 crore through the reporting quarter.
Parag Sharma, managing director of the corporate, mentioned the corporate is assured of sustaining NIM above 8.5% going ahead.
The corporate, which has centered on the used business car phase, goals to supply financing to operators upgrading to help the acquisition of latest CVs sooner or later.
Sharma mentioned this may put strain on NIMs, however the firm is assured of bringing down borrowing prices after the ranking improve.
He mentioned new CV belongings at present account for lower than 5% of whole CV AUM, including that the corporate goals to extend this to 10-15% over the subsequent two years.
The corporate can also be specializing in its gold mortgage enterprise, and Sharma mentioned it goals to extend its contribution to belongings below administration from the present 2% to five% inside 18 months.
Regardless of searching for the mandatory regulatory approvals for a Rs 39,000-crore money infusion from Japan’s MUFG, Sharma made it clear that the corporate isn’t contemplating any acquisition.
Shriram scrip fell by 0.29 per cent to shut at ₹1,003.45 per piece on the BSE on Friday (January 23, 2026) towards a 0.94 per cent correction within the benchmark.
