Business Standard

Shriram Capital's consolidated profit after tax doubles in 5 years

Its total income grew to Rs 5,407 crore in 2018-19 (FY19), around 65 per cent in five years

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T E NarasimhanGireesh Babu Chennai
Shriram Capital (SCL), the core investment company of the financial services and insurance business of Shriram Group, has seen its consolidated profit after tax more than double in five years.
 
Its total income grew to Rs 5,407 crore in 2018-19 (FY19), around 65 per cent in five years. Profit after tax grew from Rs 842.7 crore in FY15 to Rs 1,737 crore in FY19 (though there was a drop in FY16 (Rs 759.8 crore), according to company filings.
 
The amount grew 30.6 per cent in FY19 from the previous financial year’s Rs 1,330 crore. This took place despite

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