Shriram Finance Dividend: Non-banking financial services (NBFC) firm, Shriram Finance Limited announced its second interim dividend issue For the financial year 2024-25 per equity share of face value Rs.2.50 As per exchange filing on Friday, January 24, 2 each were paid in full.
The company was declared the “second interim dividend 125% i.e. Rs. 2.50/- per equity share of face value Rs. 2/- each for the financial year 2024-25 paid in full, subject to deduction of tax at source,” according to the BSE filing.
This means that every eligible shareholder will get Rs.2.50 per equity share at face value 2 were conducted after meeting the prescribed criteria.
The company also revealed that the record date for the issuance of interim dividend will be set as Friday, January 31, 2025, while the second interim dividend payment to shareholders will be made on or before Saturday, February 22, according to the filing data.
Shriram Finance Q3 Results
Shriram Finance’s standalone net profit increased by 96.32 percent October to December quarter To Rs 3,569.76 crore compared to Rs. It was Rs 1,818.33 crore in the same quarter last year.
The non-banking lender’s net interest income grew 13.81 percent year-on-year (YoY) As compared to Rs 5,589.58 crore in the third quarter of the financial year 2024-25. It was Rs 4,910.99 crore in the same period a year ago.
Total assets under management (Om) exceeds 18.78 percent by December 31, 2024 Rs 2.54 lakh crore compared to Rs. 2.14 lakh crore a year ago.
shriram finance share price
Shares of Shriram Finance Limited closed down 0.53 percent. 527.35 after Friday stock market session, than 530.15 at last market close. The company announced its dividend issue and third quarter results in the afternoon session of the trading day.
Shares hit their 52-week high 730.43 on September 27, 2024, while the 52-week high was 438.83 on June 4, 2024, as per data collected from BSE. As of January 24, 2025, the market capitalization of Shriram Finance shares is 99,157.30 crore.
The company has generated around 148 per cent returns in the last five years and around 14 per cent returns in the last one year period. However, there are shares Business 10.12 percent lower on year-to-date (YTD) basis in 2025.
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