The net interest income of Shriram Transport Finance Company Ltd. (STFC) for the third quarter ended December 31, 2012, increased by 13.70 per cent to Rs. 948.41 crores as against Rs. 834.13 crores in the same period of the previous year. Profit after tax surged by 19.39 per cent to Rs. 375.33 crores (Rs. 314.37 crores). The earning per share (basic) also surged by 18.99 per cent to Rs. 16.54 (Rs. 13.90).
Total assets under management as on December 31, 2012, moved up by 20.86 per cent to Rs. 49,269.89 crores as compared to Rs. 40,765.47 crores as on December 31, 2011.
On standlone basis, the net interest income for the third quarter ended December 31, 2012, increased by 11.31 per cent to Rs. 894.70 crores as against Rs. 803.77 crores in the same period of the previous year. Profit after tax surged by 14.31 per cent to Rs. 345.99 crores (Rs. 302.68 crores). STFC’s earning per share (basic) for the second quarter ended December 31, 2012, surged by 13.98 per cent from Rs. 15.25 as against Rs. 13.38 recorded in the same period of the previous year.
Total assets under management as on December 31, 2012, moved up by 18.56 per cent to Rs. 46,544.6 crores (Rs. 39,259.59 crores).