Shriram Finance Ltd.

Shriram Transport Finance Company has reported results for fourth quarter ended March 31, 2012.

The company has posted a fall of 9.56% in its net profit at Rs 308.07 crore for the quarter ended March 31, 2012 as compared to Rs 340.62 crore for the same quarter in the previous year. However, total income has increased by 7.36% at Rs 1485.46 crore for quarter under review as compared Rs 1383.51 crore for the quarter ended March 31, 2011.

On the consolidated basis, the company has posted a fall of 3.79% in its net profit at Rs 328.78 crore for the quarter ended March 31, 2012 as compared to Rs 341.72 crore for the same quarter in the previous year.  However, total income has increased by 12.04% at Rs 1583.37 crore for quarter under review as compared to Rs 1413.24 crore for the quarter ended March 31, 2011.

For the full year ended March 31, 2012, the company has posted a rise of 2.24% in its net profit at Rs 1257.45 crore for the year ended March 31, 2012 as compared to Rs 1229.88 crore for the same period in the previous year. Total income has increased by 9.12% at Rs 5893.88 crore for year under review as compared to Rs 5401.05 crore for the period ended March 31, 2011.

On the consolidated basis, the company has posted a rise of 7.53% in its net profit at Rs  1308.81 crore for the year ended March 31, 2012 as compared to Rs 1217.11 crore for the same period in the previous year. Total income has increased by 12.84% at Rs 6187.63 crore for year under review as compared to Rs 5483.38 crore for the period ended March 31, 2011.