Shriram Finance announced its Q3 FY24 results on January 25, 2024. Topline increased by 19.12% and profit increased by 3.74%. Revenue increased by 4.69% and profit by 4.49% compared to the previous quarter.
Selling, general and administrative expenses increased 2.99% quarter over quarter and 30.2% year over year.
Operating income increased 4.7% quarter-on-quarter and 3.46% year-on-year.
EPS is 74.49 for Q3FY24 which increased by 12.27% YoY.
Shriram Finance has given 2.29% return in last 1 week, 27.35% return in last 6 months and 12.36% YTD return.
Currently, the market cap of Shriram Finance is 86668.63 crore and 52 week high/low 2352.95 and Rs 1190 respectively.
As of January 27, 2024, out of 31 analysts covering the company, 1 analyst has given a Hold rating, 14 analysts have given a Buy rating, and 16 analysts have given a Strong Buy rating.
The consensus recommendation was Strong Buy until January 27, 2024.
| Duration | Q3FY24 | Q2FY24 | QoQ growth | Q3FY23 | year on year increase |
|---|---|---|---|---|---|
| total revenue | 9300.7 | 8883.76 | +4.69% | 7808.06 | +19.12% |
| Selling/General/Administrative Expenses Total | 877.01 | 851.53 | +2.99% | 673.6 | +30.2% |
| Depreciation & Amortization | 151.83 | 141.38 | +7.39% | 60.51 | +150.92% |
| total operating expenses | 6793.16 | 6488.83 | +4.69% | 5384.32 | +26.17% |
| operating income | 2507.54 | 2394.93 | +4.7% | 2423.74 | +3.46% |
| net income before taxes | 2512.6 | 2404.16 | +4.51% | 2415.46 | +4.02% |
| Net income | 1866.24 | 1786.11 | +4.49% | 1798.88 | +3.74% |
| diluted normalized EPS | 74.49 | 69.99 | +6.43% | 66.35 | +12.27% |
questions to ask
Q: What is the company’s Q3FY24 profit/loss?
Answer: ₹1866.24 crore
Q: What is the Q3 FY24 revenue?
Answer: ₹9300.7 crore
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Published: Jan 27, 2024, 03:00 am IST
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