BEKAL (KERALA):
The Board Meeting of Shriram Transport Finance Company Limited (STFC), the largest asset financing NBFC in the country, was held today to consider the unaudited financial results for the Third quarter ended 31st December, 2018.
The Net Interest Income for the third quarter ended 31st December, 2018 increased by 16.12 % to Rs. 2,026.91 crores as against Rs. 1,745.50 crores in the same period of the previous year. The profit after tax increased by 17.34 % to Rs. 635.45 crores as against Rs. 541.54 crores recorded in the same period of the previous year. The earning per share (basic) for the third quarter ended 31st December, 2018 increased by 17.39 % to Rs. 28.02 as against Rs. 23.87 recorded in the same period of the previous year.
Assets under Management :
Total Assets under Management as on 31st December, 2018 stands at Rs. 103,817.94 crores as compared to Rs. 90,964.22 crores as on 31st December, 2017.
