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 third quarter ended 31stDecember,2011.
Financials : -
The Net Interest Income for the third quarter ended 31st. December 2011, moved up by 4.47% to Rs.8.03bn as against Rs. 769.36 crores recorded in the same period previous year. The profit after tax stands at Rs. 3.02bn as against Rs. 3.01bn recorded in the same period previous year. The earning per share stood at Rs.13.38 from Rs. 13.35 recorded in the same period earlier year.
Total Assets under Management as on 31st. December, 2011 stood at Rs. 39,259.59 crores as compared to Rs. 38,076.39 crores as on 30th September, 2011.