Shriram Transport Finance on Tuesday reported a 15.9 per cent increase in consolidated net profit at Rs 362.63 crore for the second quarter ending September 30.
The
city-based non-banking finance company (NBFC) had reported a consolidated net
profit of Rs 312.70 crore in the corresponding period of last year.
For
the half year period ending September 30, the consolidated net profits of the
company marginally grew to Rs 704.72 crore against Rs 665.68 crore registered
during the same period last year, Shriram Transport Finance said in a BSE
filing.
The
consolidated total income for the second quarter stood at Rs 1,704.26 crore as
against Rs 1,527.82 crore registered during the same period of last year.
For
the six month period ending September 30, 2012, the consolidated total income rose to Rs 3,299.48
crore from Rs 3,052.14 crore registered during the year ago period.
The
company's consolidated total assets under management as on September 30,
2012 grew by 18.04 per
cent to Rs 46,465.90 crore as compared to Rs 39,365.46 crore as on September 30,
2011.
At
its meeting today, the Board of Directors of the NBFC declared an interim
dividend of Rs 3 (30 per cent) per share, in which the dividend pay out would
absorb Rs 79.10 crore.
The
earnings per share (basic) surged by 15.92 per cent to Rs 16.02 as against Rs
13.82 recorded in the same period of last year.
Shares
of the company today settled higher by 1.26 per cent at Rs 615.40 apiece on the
BSE.
Oct 31 2012
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