Shriram Asset Management reports quarterly loss, appoints new director

Shriram Asset Management Company Limited's board of directors met on November 10, 2025, to approve its unaudited financial results for the quarter and half year ended September 30, 2025. The company reported a total income of ₹297.28 Lakhs for the quarter and ₹659.26 Lakhs for the half year. Despite this, the company posted a profit after tax of (₹440.37) Lakhs for the quarter and (₹718.71) Lakhs for the half year. Basic earnings per share for the half year stood at (₹4.37).

The board also approved the appointment of Thian Joost Fick as an additional director, effective November 10, 2025. Fick, holding a bachelor of commerce in actuarial science, brings over 19 years of experience in actuarial, capital management, and risk management. This appointment is subject to shareholder approval through a postal ballot.

As of September 30, 2025, the company's total assets amounted to ₹16,634.59 Lakhs, with total equity reported as ₹16,229.14 Lakhs.