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May 08, 2012, 06.21 PM IST

Shriram Transport Finance Q4 net falls 9% at Rs 308 cr

Commercial vehicle financing company Shriram Transport Finance has reported a lower than expected net profit of Rs 308 crore for the fourth quarter of FY12, a fall of 9.4% as compared to Rs 340 crore in a year ago period.

Source: Moneycontrol.com
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Commercial vehicle financing company Shriram Transport Finance has reported a lower than expected net profit of Rs 308 crore for the fourth quarter of FY12, a fall of 9.4% as compared to Rs 340 crore in a year ago period.


Net interest income too declined 13.6% to Rs 280 crore from Rs 324 crore during the same period.


Numbers came in lower than expectations - analysts on average had expected net profit at Rs 337 crore and net interest income at Rs 300 crore.


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