Shriram City Union Finance Q2 net profit up 10% at Rs 302 crore
Zee News
The non-banking finance company had registered a net profit of Rs 275 crore a year ago.
New Delhi: Shriram City Union Finance on Wednesday reported a 9.8 per cent increase in its consolidated net profit to Rs 302 crore in the second quarter ended September, mainly due to a rise in demand for loans from the rural segment.
The non-banking finance company had registered a net profit of Rs 275 crore a year ago.
Total income in the quarter under review rose to Rs 1,715 crore, against Rs 1,511 crore in the same period of FY21, Shriram Transport Finance said in a regulatory filing.
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