The Board Meeting of Shriram Transport Finance Company Limited (STFC) was held today to consider the unaudited financial results for the second quarter and half- year ended 30th September, 2022.
Financials (Standalone) :
Second quarter ended 30th September, 2022 :
Net Interest Income for the second quarter ended 30th September, 2022 increased by 22.85% to Rs. 2,693.96 crores as compared to Rs. 2,192.82 crores in the same time last year.
Profit after tax climbed by 38.33% to Rs. 1,066.87 crores, compared to Rs. 771.24 crores in the same period last year. Earnings per share (basic) was Rs. 39.44, compared to Rs. 28.71 in the same time the previous year.
Half-year ended 30th September, 2022 :
Net Interest Income for the half-year ending 30th September, 2022 increased by 24.08% to Rs. 5,335.70 crores as compared to Rs. 4,300.27 crores in the same period last year.
Profit after tax climbed by 115.91% to Rs. 2,032.14 crores, up from Rs. 941.18 crores in the same period last year. The earnings per share (basic) are Rs. 75.12, compared to Rs. 35.87 in the same time last year.
Assets under Management :
Total Assets under Management as on 30th September, 2022 stood at Rs. 135,249.34 crores as compared to Rs. 121,646.77 crores as on 30th September, 2021 and Rs. 130,688.86 crores for the first quarter ended 30th June, 2022.
About Shriram Transport Finance Company Limited.
