Shriram City Union Q3 net up 10% at Rs 142 cr

Shriram City Union Finance today said its net profit rose by 10.7 per cent to Rs 142.94 crore in the third quarter ended December, 2014-15.

The company had registered net profit of Rs 129.09 crore in the October-December quarter last fiscal.

"Total income has increased from Rs 812.07 crore for the quarter ended December 31, 2013 to Rs 902.45 crore for the quarter ended December 31, 2014," it said in a BSE filing.

Shriram City Union made provisions and write off of Rs 117.13 crore during Q3 FY15, up from Rs 92.47 crore in the same quarter of the previous fiscal.

The company's scrip closed 0.21 per cent up at Rs 2,138.70 on the BSE.