Shriram Finance Q3 Results: Profit jumps 21% to ₹2,522 crore, beats estimates

Shriram Finance posted a bigger-than-expected third-quarter profit on Friday, bolstered by growth in lending for commercial and passenger vehicle purchases and loans to small enterprises. The non-bank lender’s adjusted profit rose 21.25% to 25.22 billion rupees ($274.9 million) in the quarter ended December 31, compared to an average analyst estimate of 24.15 billion rupees, as…

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