Q1 FY’ 2012 Unaudited Financial Results of Shriram Transport Finance Company Limited.

July 26, 2011 - PRLog -- Tuesday, July 26, 2011, Mumbai: The Board Meeting of Shriram Transport Finance Company Limited (STFC), the largest asset financing NBFC in the country, was held today to consider the Unaudited financial results for the first quarter ended 30th June, 2011.
Financials: - The Net Interest Income for the quarter ended 30th June, 2011 surged by 20.29% to Rs. 814.59 crores as against Rs. 677.17 crores recorded in the same period previous year. The profit after tax rose by 20.20% to Rs. 347.30 crores as against Rs. 288.94 crores recorded in the same period previous year. The earning per share surged by 19.91% to Rs. 15.36 from Rs. 12.81 recorded in the same period earlier year.

Total Assets under Management as on 30th June, 2011 stood at Rs. 36,997.22 crores as compared to Rs. 36,182.63 crores as on 31st March, 2011.

The aforesaid figures are stand-alone financial results of the Company.