Shriram Finance Q1 Results Live : Shriram Finance declared their Q1 results on 26 Jul, 2024, with the topline increasing by 15.38% and the profit increasing by 18.62% YoY.
In comparison to the previous quarter, the revenue declined by 3.46% while the profit increased by 0.7%.
The Selling, general & administrative expenses saw a decline of 3.04% q-o-q but an increase of 2.47% Y-o-Y.
The operating income was down by 3.58% q-o-q, however, it increased by 14.63% Y-o-Y.
The EPS for Q1 is reported as ₹75.86, showing a significant increase of 20.6% Y-o-Y.
Shriram Finance has delivered -6.57% return in the last 1 week, 16.12% return in the last 6 months, and 30.47% YTD return.
The market cap of Shriram Finance currently stands at ₹100712 Cr with a 52-week high/low of ₹3059.45 & ₹1760.1 respectively.
Analysts covering the company have varied recommendations, with 1 analyst giving a Sell rating, 14 analysts giving a Buy rating, and 17 analysts giving a Strong Buy rating as of 27 Jul, 2024.
The consensus recommendation as of the same date was to Strong Buy.
Shriram Finance Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 9561.71 | 9904.3 | -3.46% | 8287.39 | +15.38% |
| Selling/ General/ Admin Expenses Total | 868.35 | 895.56 | -3.04% | 847.42 | +2.47% |
| Depreciation/ Amortization | 153.48 | 159.11 | -3.54% | 135.28 | +13.45% |
| Total Operating Expense | 6930.48 | 7175.45 | -3.41% | 5991.97 | +15.66% |
| Operating Income | 2631.23 | 2728.85 | -3.58% | 2295.42 | +14.63% |
| Net Income Before Taxes | 2666.59 | 2742.85 | -2.78% | 2300.56 | +15.91% |
| Net Income | 2022.8 | 2008.8 | +0.7% | 1705.24 | +18.62% |
| Diluted Normalized EPS | 75.86 | 78.09 | -2.85% | 62.91 | +20.6% |