Shriram Finance Ltd.

Shriram Transport Finance Company has reported results for second quarter ended September 30, 2012.

The company has registered a rise of 12.74% in its net profit at Rs 337.56 crore for the quarter ended September 30, 2012 as compared to Rs 299.41 crore for the same quarter in the previous year. Total income from operations has increased by 9.15% at Rs 1593.65 crore for quarter under review as compared to Rs 1460.05 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has posted a rise of 15.95% in its net profit after tax, minority interest and share of profit of associates at Rs 362.57 crore for the quarter ended September 30, 2012 as compared to Rs 312.69 crore for the same quarter in the previous year. Total income has increased by 11.55% at Rs 1704.23 crore for quarter under review as compared to Rs 1527.82 crore for the quarter ended September 30, 2011.

Shriram Transport Finance Company has declared an interim dividend of 30% i.e. Rs 3 per equity share of the face value of Rs 10 each fully paid up.