STFC continues strong run

The net interest income of Shriram Transport Finance Company Ltd. (STFC) for the first quarter ended June 30, 2014, stands at Rs. 1,015.66 crores as against Rs. 961.95 crores in the same period of the previous year. Profit after tax stands at Rs. 312.90 crores (Rs. 366.27 crores) and the earning per share (basic) at Rs. 13.79 (Rs. 16.15).

Total assets under management as on June 30, 2014, were estimated at Rs. 57,756.46 crores as compared to Rs. 55,649.99 crores as on June 30, 2013.

As for financials (standalone), the net interest income for the first quarter ended June 30, 2014, is Rs. 964.62 crores as against Rs. 901.31 crores in the same period of the previous year. Profit after tax stands at Rs. 306.42 crores (Rs. 341.04 crores) and the earnings per share (basic) at Rs. 13.51 (Rs. 15.03).

Total assets on the balance sheet as on June 30, 2014, stands at Rs. 54,358.27 crores as compared to Rs. 52,497.34 crores as on June 30, 2013.