Shriram Transport Finance, India largest provider of finance for used commercial vehicles, today announced a consolidated net profit of Rs 264 crore for the quarter ended March 31, 2010, an increase of 72 per cent compared to the same quarter a year earlier when it reported a net profit of Rs 153 crore.
Total income from operation grew by 24 per cent to Rs 1,194 crore for the reporting quarter as compared to Rs 962 crore reported for the corresponding period last year.