Shriram City Union Q2 Net up 8.4 per cent at Rs 137.8 crore

Shriram City Union Finance Ltd has reported 8.4 per cent rise in its net profit for the second quarter ended September 30, at Rs 137.81 crore.
The company's net profit during July-September quarter of 2013-14 stood at Rs 127.20 crore.
"Total income has increased from Rs 798.63 crore for the quarter ended September 30, 2013 to Rs 868.87 crore for the quarter ended September 30, 2014," it said in a filing to the BSE.
The tax expenses for the company in the second quarter FY15 stood at Rs 69.05 crore, up from Rs 60.89 crore a year ago.
The company has also declared an interim dividend of Rs 4.50 per equity share.

Shares of the Shriram City closed 0.09 per cent up at Rs 1,772.55 per share on the BSE today.