Shriram Transport Finance Company Ltd, a non-banking finance company, today reported a 3 per cent rise in net profit at Rs 342.08 crore for the first quarter ended June, 2012.
The company had posted a consolidated net profit of Rs 353 crore in the same quarter of the previous fiscal, Shriram Transport Finance said in a statement.
The net interest income increased to Rs 843.75 crore against Rs 800.81 crore in the same period of previous year.
The total assets under management increased by 16.10 per cent to Rs 44,064.25 crore from Rs 37,954.74 crore as on June 30, 2011.