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Shriram Transport Finance reports 23% rise in Q2 net profit

ram Transport Finance Company has reported results for second quarter ended September 30, 2018.

The company has reported 22.60% rise in its net profit at Rs 609.58 crore for the quarter under review as compared to Rs 497.22 crore for the same quarter in the previous year. Total income of the company increased by 21.11% at Rs 3,947.76 crore for Q2FY19 as compared Rs 3,259.63 crore for the corresponding quarter previous year.

ram Transport Finance Company is a flagship company of the Chennai-based ram group and is classified as deposit taking Asset Financing NBFC.

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