Tuesday , May 23 2017
Breaking News
Home / Business / Shriram Transport Finance reports 4% rise in Q4 net profit

Shriram Transport Finance reports 4% rise in Q4 net profit

Shriram Transport Finance Company has reported results for the fourth quarter and year ended March 31, 2017.

The company has reported a rise of 3.97% in its net profit at Rs 149.63 crore for the quarter ended March 31, 2017 as compared to Rs 143.92 crore for the same quarter in the previous year. However, total income of the company decreased by 7.44% at Rs 2712.31 crore for quarter under review as compared to Rs 2930.20 crore for the quarter ended March 31, 2016.

For the year ended March 31, 2017, the company has reported a rise of 6.72% in its net profit at Rs 1257.34 crore as compared to Rs 1178.20 crore for the same period in the previous year. Total income of the company increased by 5.22% at Rs 10830.61 crore for year under review as compared to Rs 10293.48 crore for the period ended March 31, 2016.

For the year ended March 31, 2017, on the consolidated basis, the company has posted a rise of 6.93% in its net profit at Rs 1265.63 crore as compared to Rs 1183.62 crore for the same period in the previous year. Total income of company increased by 5.24% at Rs 10904.47 crore for year under review as compared to Rs 10361.97 crore for the period ended March 31, 2016.

About editor

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Close