Home / Companies / News / Shriram Transport Finance fourth quarter net profit up 44%, NII rises

Shriram Transport Finance fourth quarter net profit up 44%, NII rises

The company's Net Interest Income increased by 22.16 per cent to Rs. 2,627.82 crore as against Rs. 2,151.12 crore.

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BS Reporter Chennai

2 min read Last Updated : Apr 29 2022 | 12:27 AM IST

Shriram Transport Finance (STFC) has posted a 44 per cent increase in net profit in the fourth quarter of the financial year 2021-22 to Rs. 1,086.13 crore, compared to Rs. 754.93 crore in the same period the previous year.

The company’s Net Interest Income increased by 22.16 per cent to Rs. 2,627.82 crore as against Rs. 2,151.12 crore. The earning-per-share (basic) for the fourth quarter increased by 31 per cent and stood at Rs. 40.15 as against Rs. 30.65 recorded in the same period of the previous year. On March 31, STFC’s total assets under management was Rs 127,040.86 crore

Topics : Shriram Transport Finance Q4 Results

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