Shriram Transport Finance reports 11% rise in Q1 net profit
25th Jul 2019

Shriram Transport Finance Company has reported results for first quarter ended June 30, 2019.

The company has reported 10.71% rise in its net profit at Rs 634.25 crore for the quarter under review as compared to Rs 572.90 crore for the same quarter in the previous year. Total income of the company increased by 8.85% at Rs 4,061.65 crore for Q1FY20 as compared Rs 3,731.31 crore for the corresponding quarter previous year.

Shriram Transport Finance Company is a flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC.