Shriram City Union Finance consolidated net profit declines 60.64% in the March 2016 quarter

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Sales rise 11.29% to Rs 1022.90 crore
Net profit of Shriram City Union Finance declined 60.64% to Rs 61.16 crore in the quarter ended March 2016 as against Rs 155.38 crore during the previous quarter ended March 2015. Sales rose 11.29% to Rs 1022.90 crore in the quarter ended March 2016 as against Rs 919.12 crore during the previous quarter ended March 2015.For the full year,net profit declined 3.38% to Rs 552.07 crore in the year ended March 2016 as against Rs 571.41 crore during the previous year ended March 2015. Sales rose 12.26% to Rs 3998.19 crore in the year ended March 2016 as against Rs 3561.70 crore during the previous year ended March 2015.
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First Published: Apr 28 2016 | 1:20 PM IST