Shriram Finance Ltd.
32.55 (3.74%) Shriram Transport’s Q1 consolidated net dips marginally
Date: 24-07-2012Shriram Transport Finance Company has reported results for first quarter ended June 30, 2012.
The company has registered a fall of 7.33% in its net profit at Rs 321.85 crore for the quarter under review as compared to Rs 347.30 crore for the same quarter in the previous year. However, the total income of the company has increased marginally by 2.87% at Rs 1509.84 crore for Q1FY13 as compared Rs 1467.73 crore for the corresponding quarter previous year.
On the consolidated basis, the group’s net profit after taxes, minority interest and share of profit of associates declined marginally by 3.09% to Rs 342.08 crore for the Q1FY13 as compared to Rs 353.00 crore in Q1 FY12. However, the total income rose 5.13% to Rs 1603.40 crore in the quarter under review as compared to Rs 1525.19 crore in the corresponding previous quarter.