Business Standard

Shriram Transport Finance Q1 Net down 3% at Rs 342 cr

The net interest income increased to Rs 843.75 cr against Rs 800.81 cr in the same period of previous year

Image

Press Trust of India New Delhi

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.

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jul 24 2012 | 8:55 PM IST

Explore News