STFC - 10 February, 2012

Q3 Unaudited Financial Results of Shriram Transport Finance Company Limited.

Friday, 10th February, 2012, Mumbai: The Board Meeting of Shriram Transport Finance Company Limited (STFC), the largest asset financing NBFC in the country, was held today to consider the unaudited financial results for the third quarter ended 31st.December, 2011.

Financials:
The Net Interest Income for the third quarter ended 31st. December 2011, moved up by 4.47% to Rs.803.77 crores as against Rs. 769.36 crores recorded in the same period previous year. The profit after tax stands at Rs. 302.68 crores as against Rs. 301.36 crores recorded in the same period previous year. The earning per share stood at Rs. 13.38 from Rs. 13.35 recorded in the same period earlier year.

Assets under Management :
Total Assets under Management as on 31st. December, 2011 stood at Rs. 39,259.59 crores as compared to Rs. 38,076.39 crores as on 30th. September, 2011. The aforesaid figures are stand-alone financial results of the Company.

About Shriram Transport Finance Company Limited.
Shriram Transport Finance Company Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, General Insurance, Stock Broking and Distribution businesses. Established in 1979, Shriram Transport is today the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets. It has PAN India presence with 502 branch offices. Based at Mumbai, it manages assets over Rs 40,000 crores and has a live customer base exceeding 8,50,000.

For Further information, please contact:

Mr. Sanjay K. Mundra

Vice President

Shriram Transport Finance Company Ltd.

Wockhardt Towers,
3rd Floor, West Wing, G Block,
Bandra-Kurla Complex,
Bandra (East),
Mumbai - 400051.
Email:
Telephone: 022-40959595