Net interest revenues increased 40 percent year -on -year to ₹ 6,051 million rupees | Photo credit: Istockphoto
Shiram Finance Ltd (SFL) has reported a net increase of 10 percent in ₹ 2,139 million rupees thoroughly of decent growth in income from net interest and decrease in stage 3 of the expected disposition of loss of credit.
The non -banking financial company, which gives loans to buy commercial vehicles (CVS), passenger vehicles (PVS) and construction equipment (CES) to MSME, among others, registered a net gain of ₹ 1,946 million rupees in the quarter of the previous year.
The SFL Board exceeded a final dividend or ₹ 3 per share of the nominal value of ₹ 2 each fully paid (that is, 150 percent) for the financial year that ended on March 31, 2025.
This dividend adds to the two provisional dividends for the 2015 fiscal year: the first provisional dividend of 220 percent, 22 by capital shares ₹ 10 each (prior to the nominal value or sharing shares) fully paid and the second provisional dividend of IE IE-EE-EE-EE-EE-EE-EE-EE-EE-EE-EE IE-II-II-iI-iI-II-IIE-II-II-IIE-I-I-I- OR FACTURE VALUE OR COMPARISON OF EQUIPMENT) Fully paid) comparison.
The NBFC Board also approved a proposal to sacrifice payment services through mobile wallets, prepaid cards (food card, gift card), Fastag, etc., providing an alternative to cash transactions for your customers, subjects or needs or needs.
The entry of net interests (difference between interests earned and spent interest) rose 40 percent year -on -year to ₹ 6,051 million rupees (₹ 5,336 million rupees).
Assets under administration (AUM) increased by 17 percent year -on -year to ₹ 2,63,190 million rupees at the end of March 2025 of ₹ 2,24,862 million rupees at the end of March 2024.
The gross assets of stage 3 (loans with more than 90 days are adjusted to the expiration date considered with credit disability) in percentage terms in the fourth quarter of fiscal year 2015 were located at 4.55 percent compared to 5.38 percent in the third quarter of fiscal year 2015. The reduction in GNPA is mainly due to the technical cancellation OA ₹ 2,345 million of assets that were past. The net stage 3 in Q4 Fy25 stood at 2.64 percent compared to 2.70 percent in Q3 Fy25.
Posted on April 25, 2025