Shriram Transport Finance Company standalone net profit declines 54.56% in the March 2016 quarter

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Sales rise 26.25% to Rs 2917.28 crore
Net profit of Shriram Transport Finance Company declined 54.56% to Rs 143.92 crore in the quarter ended March 2016 as against Rs 316.73 crore during the previous quarter ended March 2015. Sales rose 26.25% to Rs 2917.28 crore in the quarter ended March 2016 as against Rs 2310.69 crore during the previous quarter ended March 2015.For the full year,net profit declined 4.82% to Rs 1178.20 crore in the year ended March 2016 as against Rs 1237.81 crore during the previous year ended March 2015. Sales rose 18.55% to Rs 10238.90 crore in the year ended March 2016 as against Rs 8636.81 crore during the previous year ended March 2015.
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First Published: Apr 29 2016 | 4:00 PM IST