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

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Capital Market

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.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales2917.282310.69 26 10238.908636.81 19 OPM %57.1872.29 -67.0972.54 - PBDT226.38487.68 -54 1817.741882.90 -3 PBT217.22478.18 -55 1781.431842.39 -3 NP143.92316.73 -55 1178.201237.81 -5

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First Published: Apr 29 2016 | 4:00 PM IST

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