Shriram Finance Limited’s Board of Directors, in a meeting held on October 23, 2026, declared an interim dividend of 325% (Rs. 6.50 per share). The company also approved its unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. Key highlights include strong growth in net interest income and profit after tax compared to the previous year.
Interim Dividend Declared
The Board of Directors of Shriram Finance Limited announced an interim dividend of 325%, translating to Rs. 6.50 per equity share of face value Rs. 2/- each. The record date for this dividend has been fixed as October 29, 2026, with the payout expected before November 20, 2026. This decision reflects the company’s robust financial performance and commitment to shareholder returns.
Financial Performance Highlights (Standalone)
Second Quarter Ended September 30, 2026:
- Net Interest Income (NII) increased by 38.20% to Rs. 8,661.04 crore, up from Rs. 6,266.84 crore in the same period last year.
- Profit After Tax (PAT) saw a significant rise of 59.37%, reaching Rs. 3,677.03 crore, compared to Rs. 2,307.18 crore in the prior year’s quarter.
- Earnings Per Share (EPS) Basic grew by 27.38% to Rs. 15.63, from Rs. 12.27 in the corresponding quarter of the previous year.
Half-Year Ended September 30, 2026:
- Net Interest Income (NII) increased by 35.98% to Rs. 16,716.74 crore, compared to Rs. 12,293.27 crore in the same period last year.
- Profit After Tax (PAT) surged by 59.57% to Rs. 7,121.59 crore, from Rs. 4,462.91 crore in the previous year’s half-year.
- Earnings Per Share (EPS) Basic rose by 28.36% to Rs. 30.46, from Rs. 23.73 in the previous year’s half-year.
Resource Mobilisation and Other Approvals
The Board also approved a periodical resource mobilisation plan for the issuance of debt securities, including redeemable non-convertible debentures and subordinated debentures, through private placement or public issue, for the period from November 1, 2026, to January 31, 2027. Furthermore, the issuance of redeemable non-convertible debentures on a private placement basis and the related Postal Ballot Notice were approved. Mr. Panakala Raju M was appointed as the Chief Software Officer.
Unaudited Financial Results
The company has taken on record the unaudited standalone and consolidated financial results for the second quarter and half-year ended September 30, 2026. These results have been prepared pursuant to the relevant Listing Regulations.
Source: BSE
