- Shriram Finance reported a provision for loan losses of 13.26 billion rupees, which is higher than the estimated 12.93 billion rupees.
- The company’s revenue for the quarter stood at 106.98 billion rupees.
- Total costs incurred by Shriram Finance amounted to 79.46 billion rupees.
- Other income recorded by the company was 71.6 million rupees.
- The net interest income reported by Shriram Finance was 58.23 billion rupees.
- Market recommendations for Shriram Finance included 39 buys, 1 hold, and 1 sell.
A look at Shriram Finance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Shriram Finance Limited, a company that provides consumer finance services in India, is viewed favorably for its long-term outlook based on the Smartkarma Smart Scores. With a strong score of 5 for dividends and 4 for both value and growth, Shriram Finance is seen as a solid choice for investors looking for stable returns and potential growth opportunities in the consumer finance sector.
Although Shriram Finance received lower scores of 2 for both resilience and momentum, the overall positive ratings in key areas suggest a promising future for the company. Investors may find Shriram Finance attractive for its combination of strong dividend performance, perceived value, and growth potential within the consumer finance industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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