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26-Jul-2025

Shriram Finance

Expects to maintain credit cost at 2% for FY26, aim to improve NIM to 8.5% by end of Q4FY26


'Shriram Finance conducted conference call on 25 July 2025 to discuss its financial results for the quarter ended June 2025. Umesh Revankar, Executive Vice Chairman, Y. Chakravarti, MD&CEO of the company addressed the call:

Highlights:

The company has recorded 13.01% yoy growth in disbursements to Rs 41816.75 crore versus Rs 37,001.65 crore in Q1FY25.

Asset under management increased 16.62% yoy 3.44% qoq to Rs 2,72,249.01 crore at end June 2025.

Net interest income increased 12.55% yoy to Rs 6,026.43 crore in Q1FY26 from Rs 5,354.47 crore in Q1FY25.

Net interest margin was 8.11% in Q1FY26 as against 8.79% in Q1FY25 and 8.25% in Q4FY25.

The gross Stage-3 stood at 4.53% and net stage 3 at 2.57% in Q1FY26, showing improvement from 5.39% gross and 2.71% net in Q1FY25 and 4.55% gross and 2.64% net in Q4FY25.

Credit cost on total assets stood at 1.64% in Q1FY26 as against 1.87% for Q1FY25 and 2.07% for Q4FY25.

The cost to inc...



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