Non-banking finance company Shriram Transport Finance today 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 previous close on the BSE.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app