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, 2015.
Financials (Standalone) :
First quarter ended 30th June, 2015 :
The Net Interest Income for the first quarter ended 30th June, 2015 stands at Rs. 1,150.67 crores as against Rs. 967.59 crores in the same period of the previous year. The profit after tax stands at Rs. 321.11 crores as against Rs. 306.42 crores recorded in the same period of the previous year. The earning per share (basic) for the first quarter ended 30th June, 2015 stands at Rs. 14.15 as against Rs 13.51 recorded in the same period of the previous year.
Assets under Management :
Total Assets on Balance sheet as on 30th June, 2015 stands at Rs. 60,531.72 crores as compared to Rs. 54,379.62 as on 30th June, 2014.
About Shriram Transport Finance Company Limited
Shriram Transport Finance Company Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, General Insurance, Stock Broking and Distribution businesses. Established in 1979, Shriram Transport is today the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets. It has PAN India presence with 770 branch offices. Based at Mumbai, it manages assets on Balance sheet over Rs 60,000 crores and has a live customer base of app. 12 lacs.
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