Shriram Transport Finance Company Ltd. : Unaudited Financial Results of Shriram Transport Finance Company Limited
January 23, 2013 at 12:00 pm EST
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STFC - 27 July, 2011
Unaudited Financial Results of Shriram Transport Finance Company Limited
Q1 FY' 2012 Unaudited Financial Results ofShriram Transport Finance Company Limited.
Tuesday, July 26, 2011, Mumbai :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, 2011.
Financials :-
The Net Interest Income for the quarter ended 30th. June, 2011 surged by
20.29% to Rs. 814.59 crores as against Rs. 677.17 crores recorded in the same
period previous year. The profit after tax rose by 20.20% to Rs. 347.30 crores as
against Rs. 288.94 crores recorded in the same period previous year. The
earning per share surged by 19.91% to Rs. 15.36 from Rs. 12.81 recorded in the
same period earlier year.
Total Assets under Management as on 30th. June, 2011 stood at Rs. 36,997.22
crores as compared to Rs. 36,182.63 crores as on 31st. March, 2011.
The aforesaid figures are stand-alone financial results of the Company.
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 494 branch
offices. Based at Mumbai, it manages assets over Rs 36,900 crores and has a live
customer base exceeding 8,00,000. Its equity partners include TPG.
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For Further information, please contact:
Sanjay K. Mundra
Vice President
Shriram Transport Finance Company Limited
+9198338 90960
smundra@stfc.in
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 
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