MEDIA RELEASES

Shriram City Union Finance’ Assets Under Management Rose to INR 29,600 Cr, PAT higher 8.2% at INR 208 Cr in Q1FY22

Chennai, July 29, 2021: Shriram City Union Finance Ltd. (Shriram City), a Chennai-based leading Non-Banking Financial Company, part of the Shriram Group announced the financial results for Q1FY22 today. Assets Under Management (AUM) rose by 4% YoY to INR 29,599 Cr, the highest levels since Sep-19. Disbursements were higher at INR 4,560 Cr, up 244% YoY on a low base, but 30.6% lower sequentially. Profit After Tax rose by 8.2% YoY to INR 208 Cr in Q1FY22 compared to INR 192 Cr last year.

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Shriram City Union Finance named One of The Best Places to Work in India by AmbitionBox

Chennai, July 16, 2021: Shriram City Union Finance (SCUF), a leading Non-Banking Financial Company is delighted to announce that it has been listed as a Best Place to Work in India in 2021 by AmbitionBox, an Info Edge subsidiary. Specifically in the Financial Services Industry (Large Company segment) SCUF has been named as the No.1 Best Place to Work. Companies with 10,000 – 50,000 employees are categorized as Large Companies. AmbitionBox recognizes employers that create great work cultures and the winner is judged solely on feedback from company employees.

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NEWS

Shriram City Union Finance Q1 net profit up 8%

Shriram City Union Finance Q1 net profit up 8% at Rs.208 crore as on June 30,2021, as compared to the corresponding period last year. Total income has increased marginally to Rs 1,496 crore in this quarter, as against Rs 1,415 crore in the same

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Online loan collection is the way forward post lockdown: SCUF chief

In a Q&A, Y S Chakravarti, MD & CEO, of SCUF says his company expects its customers to come back on track within six to nine months after the lockdown is lifted. Chennai-based non-banking finance company (NBFC)

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Shriram City Union Finance signs MoU with BIHER for upskilling employees

Shriram City Union Finance, a non-banking financial company signed a MOU with Bharath Institute of Higher Education and Research (BIHER)), a regional multi-disciplinary University in Chennai

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MEDIA CONTACT

Diana Monteiro

DVP - Corporate Communications, Shriram Group.

  • Email:
    Diana@shriram.com

  • Contact:
    022 42410219