
India's leading non-banking financial institution, Shriram Finance, has announced a remarkable 57% year-on-year surge in its consolidated net profit for the fourth quarter of 2023-24. In Q4 of FY24, the company's consolidated net profit reached Rs 2,021.28 crore, a significant increase from the Rs 1,288.18 crore recorded in the same period of the previous year, attributed to heightened income and enhanced asset quality. Stay updated with our WhatsApp channel for more insights. Additionally, the company's total income soared by 24% to Rs 9,918.3 crore during the review period, compared to Rs 7,979.75 crore in the January to March period of 2022-23. Tune in to Business Today TV's interview with Shriram Finance MD and CEO Y S Chakravarti, where he discusses Q4 earnings and outlines growth plans for FY25 with Shail Bhatnagar.