Shriram Finance reported a strong financial performance for the first quarter of FY2026-27, with net profit rising 59.79% year-on-year to ₹3,444.6 crore, driven by healthy growth in lending and improved margins. On a sequential basis, profit increased 14.30%, reflecting sustained business momentum. Net interest income (NII) climbed 33.67% year-on-year to ₹8,055.7 crore, while total income rose 16.21% to ₹13,412.11 crore. The company’s net interest margin (NIM) improved to 9.04%, up from 8.61% in the previous quarter and 8.11% a year earlier.
The non-banking financial company’s assets under management (AUM) grew 15.26% year-on-year to ₹3.14 trillion, supported by broad-based growth across key lending segments. Commercial vehicle AUM increased 19.4%, passenger vehicle AUM rose 21.22%, MSME AUM expanded 8%, and gold loan AUM surged 45.78% compared with the same period last year. Public deposits also strengthened, rising 14.3% to ₹72,070 crore, while funds raised through non-convertible debentures (NCDs) increased nearly 20% to ₹39,610 crore.
Asset quality remained largely stable during the June quarter. Stage 3 assets edged up marginally to 4.64% from 4.58% in the previous quarter, while net non-performing assets (NPAs) remained unchanged at 2.33%, highlighting the company’s steady credit profile despite continued loan growth.
