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Shriram Transport Finance, a non-banking finance company, is likely to report a profit after tax of Rs 314.4 crore in the October-December quarter of FY12, a growth of 4% as compared to Rs 301.4 crore in a year ago quarter
Motilal Oswal has come with its December quarterly earning estimates for financial sector.
In an interview to CNBC-TV18, R Shridhar, managing director of Shriram Transport Finance Company says, flat profit is on account of higher provisions and write offs. He sees 10% growth in assets under management this year. He doesn’t see any pressure on margins.
Non banking finance company Shriram Transport Finance is likely to report a profit after tax of Rs 347 crore in the second quarter of FY12, a growth of 16% as compared to Rs 299 crore in a year ago period.
Shriram Transport Finance is to announce its first quarter results. According to CNBC-TV18's estimates, the company's Q1FY12 net interest income is seen up 17% at Rs 819 crore versus Rs 701.4 crore.
In an interview with CNBC-TV18, R Sridhar, managing director, Shriram Transport Finance Company, spoke about the company’s results and the road ahead.
Prabhudas Lilladher has come out with its earning estimates on financial services sector for the quarter ended March 2011. According to the research firm, Shriram Transport Finance March quarter net operating income are expected to go up by 28% at Rs 852.5 crore, year-on-year, (YoY) basis.
Shriram Transport Finance Corporation came out with its results. The revenues were up 19.2% at Rs 1375.6 crore versus Rs 1154.5 crore.
In an interview with CNBC-TV18, Parag Sharma, CFO of Shriram Transport Finance spoke about the results and his outlook for the company.