Shriram Transport Finance Company Ltd. (STFC), one of the largest asset financing NBFCs in the country, has reported net interest income for the second quarter ended September 30, 2016, at Rs. 1,352.99 crores as against Rs. 1,193.79 crores in the same period of the previous year. Profit after tax stands at Rs. 387.65 crores (Rs. 338.10 crores). The earning per share (basic) is Rs. 17.08 as against Rs. 14.90 recorded in the same period of the previous year.
Total assets under management as on September 30, 2016, stands at Rs. 75,322.58 crores as compared to Rs. 63,252.97 crores as on September 30, 2015.
The Board has declared an interim dividend of Rs. 4 (40 per cent) per share. The dividend payout would absorb a sum of Rs. 109.23 crores, including dividend tax.