Shriram Finance Q2 Results FY27: Shriram Finance on Friday, October 23, announced an interim dividend of Rs 6.50 per equity share for its shareholders alongside strong financial results for the second quarter ended September 30, 2026. The non-banking financial company reported a 59.4 per cent year-on-year (YoY) increase in standalone net profit to Rs 3,677 crore, compared with Rs 2,307 crore in the corresponding quarter of the previous financial year.
The NBFC’s profit exceeded the ET Now poll estimate of Rs 3,624 crore, reflecting stronger-than-expected quarterly performance.
Shriram Finance Dividend 2026
Shriram Finance Dividend Record Date
The company has fixed Thursday, October 29, 2026, as the record date to determine shareholders eligible to receive the interim dividend.
Shriram Finance Dividend Payment Date
The interim dividend will be paid to eligible shareholders before Friday, November 20, 2026.
Shriram Finance Q2 Results FY27: Profit rises 59.4%
Shriram Finance reported standalone net profit of Rs 3,677 crore for the July-September quarter of FY27, registering a 59.4 per cent increase from Rs 2,307 crore in the year-ago period.
The reported profit was also higher than the ET Now poll estimate of Rs 3,624 crore.
Net interest income (NII) increased 39.6 per cent YoY to Rs 8,415 crore from Rs 6,027 crore in the corresponding quarter last year. The figure also exceeded the ET Now poll estimate of Rs 8,179 crore.
Shriram Finance asset quality
The company’s asset quality showed mixed trends during the September quarter.
Gross non-performing assets (GNPA) stood at 4.65 per cent, marginally higher than 4.64 per cent in the previous quarter.
However, net non-performing assets (NNPA) improved slightly to 2.31 per cent from 2.33 per cent in the June quarter.
The figures indicate a marginal increase in gross bad loans, while net bad loans declined on a sequential basis.
Shriram Finance net interest margin improves
Shriram Finance reported an improvement in its net interest margin (NIM), a key measure of lending profitability.
NIM increased to 9.52 per cent in the September quarter from 9.04 per cent in the preceding quarter, reflecting an improvement of 48 basis points.
On a year-on-year basis, NIM rose from 8.19 per cent, marking an improvement of 133 basis points.
Shriram Finance approves Rs 35,000 crore NCD issuance
Alongside its quarterly financial results and dividend announcement, Shriram Finance approved the issuance of non-convertible debentures (NCDs) worth up to Rs 35,000 crore.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)