Jagjit Singh

Umesh Revankar Of Shriram Finance Speaks On Steady Q3FY23 Performance

 Umesh Revankar Of Shriram Finance joins us to speak on the steady performance of the company in the third quarter of ongoing financial year 2023. In the third quarter, Shriram Finance Ltd.'s net profit increased by 161% year over year (YoY) to Rs. 1,776.9 crore due to higher growth in net interest income and improved asset quality. For the quarter that ended in December 2022 (Q3FY23), the non-banking financial company's net interest income increased by 85.42 percent YoY to Rs 4,427.8 crore. According to an investor presentation, the company's net interest margin (NIM) on assets under management (AUM) increased from 6.65 percent to 8.52 percent in the third quarter of fiscal year 23 than year ago quarter (Q3FY22). Watch the video to know more. #umeshrevankar #shriramfinance #q3fy23

Post a Comment