Shriram Finance Limited has declared a substantial interim dividend of 325% (Rs. 6.50 per equity share) following a strong performance in the second quarter and half-year ended September 30, 2026. The company reported significant increases in net interest income, profit after tax, and earnings per share for both periods, demonstrating robust financial health and shareholder value distribution.
Shriram Finance Announces Interim Dividend and Strong Financials
Shriram Finance Limited’s Board of Directors, in their meeting held on October 23, 2026, announced an interim dividend of 325%, equivalent to Rs. 6.50 per equity share (face value Rs. 2/-). This interim dividend is for the financial year 2026-27, with the Record Date set for October 29, 2026. The dividend payout to eligible members is expected before November 20, 2026.
Financial Performance Highlights (Q2 & H1 FY27)
The company reported impressive unaudited financial results for the second quarter and half-year ended September 30, 2026. Key highlights include:
Second Quarter Ended September 30, 2026:
- Net Interest Income increased by 38.20% to Rs. 8,661.04 crore.
- Profit After Tax saw a substantial rise of 59.37%, reaching Rs. 3,677.03 crore.
- Earnings Per Share (Basic) grew by 27.38% to Rs. 15.63.
Half-Year Ended September 30, 2026:
- Net Interest Income increased by 35.98% to Rs. 16,716.74 crore.
- Profit After Tax rose by 59.57% to Rs. 7,121.59 crore.
- Earnings Per Share (Basic) increased by 28.36% to Rs. 30.46.
Other Business Updates
The Board also approved a periodical resource mobilisation plan for issuing debt securities, including redeemable non-convertible debentures and bonds, through private placement and public issues from November 1, 2026, to January 31, 2027. Additionally, the issuance of redeemable non-convertible debentures on a private placement basis was approved, along with the notice for a postal ballot to seek member approval for a renewal of limit to issue debentures up to Rs. 35,000 crore.
Furthermore, Mr. Panakala Raju M was appointed as the Chief Software Officer (Senior Management Person) based on the recommendation of the Nomination & Remuneration Committee.
Source: BSE
