Shriram Finance Limited has informed the Exchange about Transcript

Shriram Finance reported a steady Q1 FY26 with disbursements growing 13% year-on-year to Rs. 41,817 crores and assets under management rising 16.6% YoY to Rs. 2.72 lakh crores. Net interest income grew 12.5% YoY to Rs. 6,026 crores, though net interest margin (NIM) dipped to 8.11% from 8.25% the previous quarter due to negative carry from excess liquidity. Profit after tax rose nearly 9% YoY to Rs. 2,156 crores, while asset quality improved with gross Stage-3 falling to 4.53% and credit cost declining to 1.64%. Management guided for NIM to recover to 8.5% by Q4 FY26 as borrowing costs come down, and maintained credit cost guidance under 2% for the full year. CFO outlined a plan to reduce excess liquidity from five months to three months over the next 3-4 months, lowering overall borrowings and repaying higher-cost debt.