Board Meeting of STFC held to consider unaudited financial results for third quarter ended 31st Dec, 2015

Chandigarh, February 1, 2016: 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 31st December, 2015.

 

Financials (Standlone):

 

Third quarter ended 31st. December, 2015:

 

The Net Interest Income for the third quarter ended 31st. December, 2015 stands at Rs. 1,300.24 crores as against Rs. 1,048.37 crores in the same period of the

previous year. The profit after tax stood at Rs. 375.07 crores as against Rs. 312.45 crores recorded in the same period of the previous year. The earning per share (basic) stood at Rs. 16.54 as against Rs. 13.77 recorded in the same period of the previous year.

 

Assets under Management:

 

Total Assets under Management as on 31st. December, 2015 stood at Rs. 66,538.35 crores as compared to Rs. 57,083.52 crores as on 31st. December, 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 822 branch offices. Based at Mumbai, it manages assets over Rs 66,500 crores and has a live customer base exceeding 13 lacs.