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Shriram Transport Finance reports 44% rise in Q4 net profit

29 Apr 2022 Evaluate

Shriram Transport Finance Company has reported results for fourth quarter and year ended March 31, 2022.

The company has reported a rise of 43.87% in its net profit at Rs 1,086.13 crore for the quarter under review as compared to Rs 754.93 crore for the same quarter in the previous year. Total income of the company increased by 13.11% at Rs 5,087.59 crore for Q4FY22 as compared Rs 4,497.87 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported a rise of 8.87% in its net profit at Rs 2,707.93 crore as compared to Rs 2,487.26 crore for the previous year. Total income of the company increased by 10.54% at Rs 19,274.23 crore for year under review as compared to Rs 17,436.40 crore for year ended March 31, 2021.

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