Shriram Transport Finance Company Limited Announces Unaudited Standalone Earnings Results for the Quarter and Nine Months Ended December 31, 2017
January 27, 2018 at 02:57 am EST
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Shriram Transport Finance Company Limited announced unaudited standalone earnings results for the quarter and nine months ended December 31, 2017. For the quarter, total revenue of INR 30,888.7 million as compared to INR 27,174.3 million for the same period last year. Profit before exceptional items and tax was INR 7,632.6 million as compared to INR 5,293.3 million for the same period last year. Profit before extraordinary items and tax was INR 7,632.6 million as compared to INR 5,293.3 million for the same period last year. Profit before tax was INR 7,632.6 million as compared to INR 5,293.3 million same period last year. Profit for the period from continuing operations was INR 4,956.3 million as compared to INR 3,459.6 million for the same period last year. Profit for the period was INR 4,956.3 million as compared to INR 3,459.6 million for the same period last year. Basic and diluted earnings per share were INR 21.85 per share as compared to INR 15.25 per share same period last year.
For the months, the company reported total revenue of INR 89,677.9 million as compared to INR 81,183.0 million for the same period last year. Profit before exceptional items and tax was INR 21,784.6 million as compared to INR 16,929.5 million for the same period last year. Profit before extraordinary items and tax was INR 21,784.6 million as compared to INR 16,929.5 million for the same period last year. Profit before tax was INR 21,784.6 million as compared to INR 16,929.5 million same period last year. Profit for the period from continuing operations was INR 14,234.2 million as compared to INR 11,077.1 million for the same period last year. Profit for the period was INR 14,234.2 million as compared to INR 11,077.1 million for the same period last year. Basic and diluted earnings per share were INR 62.74 per share as compared to INR 48.82 per share same period last year.
Shriram Finance Limited is an India-based retail asset financing non-banking finance company (NBFC). The Company is a finance provider catering to the needs of small road transport operators and small business owners and is engaged in organized financing of pre-owned commercial vehicles and two- wheelers. It has a vertically integrated business model and offers various financing products, which include passenger commercial vehicles, loans to micro and small and medium enterprises (MSMEs), tractors and farm equipment, gold, personal loans and working capital loans. It operates in the areas of loan origination, valuation of pre-owned commercial vehicles and other assets, and collections. It has a presence in consumer finance, life insurance, general insurance, stockbroking, and distribution businesses.
SHRIRAM FINANCE LIMITED 
