Board clears 325% interim dividend, Rs.35,000 crore debenture limit; Q2 profit at Rs. 3,677.03 crore
Board approved Q2 and H1 FY27 results: profit Rs. 3,677.03 crore, total income Rs. 13,798.91 crore.
By ScoutQuest · · 2 min read
- Q2 Profit
- Rs. 3,677.03 crore
- Q2 Total Income
- Rs. 13,798.91 crore
- Interim Dividend
- 325%, i.e. Rs.6.50 per share; record date October 29, 2026
The board of directors met on October 23, 2026 and approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, along with a set of other decisions.
What was announced
- An interim dividend of 325%, that is Rs.6.50 per equity share of face value Rs.2 each fully paid up, for the financial year 2026-27, subject to deduction of tax at source.
- The record date for the dividend is October 29, 2026, and payment is to be made to eligible members before November 20, 2026.
- A periodic resource mobilisation plan to issue debt securities, including redeemable non-convertible debentures, subordinated debentures, bonds or notes, on private placement basis and/or public issue, in one or more tranches, in the onshore or offshore market, for the period from November 1, 2026 to January 31, 2027.
- Issuance of redeemable non-convertible debentures / subordinated debentures on private placement basis, and a postal ballot notice seeking members' approval for renewal of the limit to issue debentures on private placement basis up to Rs.35,000 crore.
- Appointment of Mr. Panakala Raju M as Chief Software Officer (Senior Management Person), on the recommendation of the Nomination & Remuneration Committee, effective October 23, 2026.
How the quarter looked (standalone)
- Total income was Rs. 13,798.91 crore, compared with Rs. 11,916.93 crore in the same quarter a year earlier.
- Profit before tax was Rs. 4,931.92 crore, and profit for the period was Rs. 3,677.03 crore, compared with Rs. 2,307.18 crore a year earlier.
- Basic earnings per share for the quarter was Rs. 15.63.
- For the half-year, profit for the period was Rs. 7,121.59 crore on total income of Rs. 27,211.02 crore, with basic earnings per share of Rs. 30.46.
- Total assets stood at Rs. 354,531.84 crore as at September 30, 2026, of which loans were Rs. 307,833.55 crore.
- Finance costs for the quarter were Rs. 4,964.82 crore and impairment on financial instruments was Rs. 1,877.40 crore.
What a retail shareholder can take away
- The dividend is a cash payout to holders whose names appear on the register on the record date; the payout window is stated as before November 20, 2026.
- The board has laid out both a general borrowing programme through debt securities over the next three months and a renewal of the private placement debenture limit, which is the funding side of a lending business.
- The profit and income figures are for the unaudited period ended September 30, 2026 and have been reviewed by the joint statutory auditors, M/s. G. D. Apte & Co. and M/s M M NISSIM & CO LLP.
- The company also placed on record a statement confirming no deviation or variation in utilisation of proceeds of the preferential issue for the quarter ended September 30, 2026, and a statement confirming no material deviation in the use of proceeds of non-convertible securities.
Also from Shriram Finance
Audio recording link of Q2 FY 2026-27 earnings call put up on company website
23 Oct 2026
Record date for interim dividend for FY 2026-27 fixed as October 29, 2026
23 Oct 2026
Committees to meet for NCD and bond issuance between November 2026 and January 2027
23 Oct 2026
More numbers
- Interim dividend per equity shareRs.6.50
- Interim dividend declared325%
- Renewal of limit to issue debentures on private placementRs.35,000 crore
- Standalone total income, quarter ended Sep 30, 202613,798.91 crore
- Standalone profit for the quarter3,677.03 crore
- Standalone profit for the half-year7,121.59 crore
- Basic earnings per share for the quarter15.63
- Total assets as at September 30, 2026354,531.84 crore
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