Shriram Transport Finance on Monday reported a 27.26 per cent growth in net profit at Rs 301.36 crore for the third quarter ended December 31, 2010.
The company had a net profit of Rs 236.81 crore in the corresponding period last year.
Total income of the company rose to Rs 1,375.66 crore during the October-December period from Rs 1,154.54 crore in the corresponding period a year ago, Shriram Transport said in a filing to the Bombay Stock Exchange.
The company’s net interest income grew by 45 per cent to Rs 836.65 crore during the December quarter of the current fiscal.
During the first nine months of the current fiscal, Shriram Transport reported a net profit of Rs 889.26 crore, a 46 per cent jump over the same period last year.
Shares of Shriram Transport were trading at Rs 695, down 0.29 per cent over the previous close on the BSE.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.