Shriram Transport Finance reported a 29 per cent growth in net profit to Rs 341 crore for the fourth quarter of 2010-11compared with Rs 264 crore for the same period the previous year.
The board has recommended a final dividend of 40 per cent ( Rs 4 a share). This is in addition to the interim dividend of 25 per cent (Rs 2.50) declared in October. Income from operations posted a 12 per cent increase to Rs 1,337 crore (Rs 1,193 crore).