Page 16 of ICICI Group

Shriram Finance, a non-banking financial company, reported a 59.79% increase in profit for Q1FY27, with interest income also rising by 15.54% YoY. Revenue and profit also saw sequential growth. The company’s net interest margin improved to 9.04%, while its assets under management grew by 15.26%. Asset quality remained stable, with provision coverage and capital adequacy ratios strengthening.