The Board Meeting of Shriram Transport Finance Company Limited (STFC) was held to consider the unaudited financial results for the second quarter ended 30th September, 2015.

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Mumbai, November 22, 2015: The Board Meeting of Shriram Transport Finance Company Limited (STFC), one of the largest asset financing NBFC in the country, was held today to consider the unaudited financial results for the second quarter ended 30th September, 2015.

(Ctrl + Click Mr Revankar’s picture for Q2FY16 Results address or

Ctrl + Click here: https://www.youtube.com/watch?v=s-l_puQ-Cw0 )

Second quarter ended 30th September, 2015 :

The Net Interest Income for the second quarter ended 30th September, 2015 stands at Rs. 1,193.79 crores as against Rs. 1,007.23 crores in the same period of the previous year. The profit after tax stands at Rs. 338.10 crores as against Rs. 302.21 crores recorded in the same period of the previous year. The earning per share (basic) stands at Rs.14.90 as against Rs. 13.32 recorded in the same period of the previous year.

Assets under Management:

Total Assets under Management as on 30th September, 2015 stands at Rs. 63,252.97 crores as compared to Rs. 55,560.13 crores as on 30 th. September, 2014.

Interim Dividend :-

The Board declared an Interim Dividend of Rs 4.00 (40%) per share, the Record Date for the entitlement thereof has been fixed as November 06, 2015. The dividend payout would absorb a sum of Rs. 109.23 crores (including dividend tax).

Corporate Comm India(CCI Newswire