Shriram Finance Ltd.

Shriram Transport Finance Company has reported results for the fourth quarter & year ended March 31, 2013.

The company has reported a rise of 15.31% in its net profit at Rs 355.22 crore in Q4FY13 as compared to net profit of Rs 308.06 crore in the same quarter previous year. Total income of the company has increased by 19.62% to Rs 1776.98 crore as compared to Rs 1485.47 crore in corresponding quarter last year.

On consolidated basis, the company has reported a rise of 16.63% in its net profit at Rs 383.46 crore in Q4FY13 as compared to net profit of Rs 328.77 crore in the same quarter previous year. Total income of the company has increased by 21.08% to Rs 1908.05 crore as compared to Rs 1575.81 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 8.20% rise in its net profit at Rs 1360.62 crore in FY13 as against Rs 1257.45 crore in previous years. Total income of the company has increased to Rs 6563.59 crore as compared to Rs 5893.88 crore in FY12, up by 11.36%.

On consolidated basis, the group has registered 11.81% rise in its net profit at Rs 1463.42 crore in FY13 as against Rs 1308.81 crore in previous year. Total income of the company has increased to Rs 7015.95 crore as compared to Rs 6179.46 crore in FY12, up by 13.54%.