 "Shriram Transport Finance net profit up 20% at Rs 375 crore")
Shriram Transport Finance Company Ltd (STFC), a major asset financing NBFC in the country, has posted a growth of 20% in net profit at Rs 375.07 crore during the quarter ended December 31, 2015, as against Rs 312.45 crore during the same quarter of previous fiscal year.
The total income from operations stood at Rs 2547.22 crore during the quarter, as against Rs 2202.66 crore during the corresponding quarter of previous year, an increase of 15.6%.
The Net Interest Income of the company for the quarter stood at Rs 1,300.24 crore as against Rs 1,048.37 crore during the same quarter of previous year.
Total Assets under Management as on December 31, 2015 stood at Rs 66,538.35 crores as compared to Rs 57,083.52 crore as on December 31, 2014, said the company.
