Shriram Finance announces interim dividend of 125%; check out payment date, other details

Shriram Finance Dividend Update: An increase in net profit to Rs 3,570 crore was driven by a one-time post-tax gain of Rs 1,489 crore. It reported a 14.3 per cent year-on-year increase in its NII to Rs 5,823 crore from Rs 5,094 crore in the same period last year.

ZeeBiz WebTeam | Jan 24, 2025, 06:23 PM IST

Shriram Finance Dividend Update: A non-banking financial company, Shriram Finance on Friday, January 24, 2025, has announced a 125 per cent interim dividend after reporting its December quarter or Q3 earnings.

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The NBFC witnessed a 96 per cent year-on-year growth in its net profit.

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Shriram Finance Interim Dividend Date

Shriram Finance Interim Dividend Date

Shriram Finance Interim Dividend Date: According to the regulatory filing, Shriram Finance announced an interim dividend of Rs 2.50 per share (125%) on shares with a face value of Rs 2.

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Shriram Finance Dividend Payment Date

Shriram Finance Dividend Payment Date

The record date for this dividend has been fixed on January 31, 2025, and the amount will be transferred likely on or before February 22, 2025.

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Shriram Finance Q3 Results Update:

Shriram Finance Q3 Results Update:

An increase in net profit to Rs 3,570 crore was driven by a one-time post-tax gain of Rs 1,489 crore.

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The company has reported a 14.3 per cent year-on-year increase in its NII to Rs 5,823 crore from Rs 5,094 crore in the same period last year.

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As of December 31, 2024, the NBFC’s AUM stands at Rs 2.54 lakh crore or up 18.8 per cent.

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Shriram Finance Stock Update

Shriram Finance Stock Update

On Thursday, Shriram Finance shares closed 0.97 per cent lower at Rs 524.65, apiece on the NSE website.

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