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Shriram Transport posts Rs 448 crore net

Shriram Transport posts Rs 448 crore netMumbai, July 31 (IANS) Non-banking finance company Shriram Transport Finance Company Ltd on Monday said it closed the first quarter with a net profit growth of 19.94 per cent.

In a statement issued here, the company said that its profit after tax increased to Rs 448.68 crore for the quarter ended June 30, 2017, up from Rs 374.10 crore earned during the corresponding period previous year.

According to the company, the net interest income for the period under review increased by 17.65 per cent at Rs 1,585.20 crore as against Rs 1,347.39 crore in the same period of the previous year.

 

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Shriram Transport posts Rs 448 crore net

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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