Shriram Transport Finance Company standalone net profit rises 3.97% in the March 2017 quarter

Sales decline 7.43% to Rs 2711.92 crore

Net profit of Shriram Transport Finance Company rose 3.97% to Rs 149.63 crore in the quarter ended March 2017 as against Rs 143.92 crore during the previous quarter ended March 2016. Sales declined 7.43% to Rs 2711.92 crore in the quarter ended March 2017 as against Rs 2929.45 crore during the previous quarter ended March 2016.

For the full year,net profit rose 6.72% to Rs 1257.34 crore in the year ended March 2017 as against Rs 1178.20 crore during the previous year ended March 2016. Sales rose 5.27% to Rs 10828.75 crore in the year ended March 2017 as against Rs 10287.12 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales2711.922929.45 -7 10828.7510287.12 5 OPM %55.5456.94 -65.9766.78 - PBDT238.95226.38 6 1957.831817.74 8 PBT230.97217.22 6 1923.921781.43 8 NP149.63143.92 4 1257.341178.20 7

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