Jul 31, 2015 11:18 AM IST
All eyes will be on consolidated earnings as it included the equipment finance subsidiary that had been the key disappointment in March quarter with consolidated profit falling over 70 percent and equipment finance subsidiary recording over Rs 230 crore loss with gross non-performing loans jumping to 15.7 percent (against 2.9 percent Q-o-Q).
- May 05, 2015 12:26 PM IST
In an interview to CNBC-TV18, Revankar said the company has infused Rs 100 core in equipment finance business. The non-banking finance company added around 80 branches in FY15 and plans to add another 80 in FY16.
- Apr 23, 2015 12:35 PM IST
Nischint Chawathe of Kotak Institutional Equities expects the housing finance companies from the NBFC space to out perform others.
- Aug 25, 2014 12:02 PM IST
In an interview to CNBC-TV18, MD Umesh Revankar said the demand has been little better in Q2, compared to Q1, mainly on the back of better monsoon and an increase in rural demand. He sees a major demand pick-up only in H2.
- Feb 03, 2014 12:42 PM IST
The net interest margins for the quarter ended December stood at 6.51 percent against 6.73 percent earlier quarter on back of increase in cost of borrowing and operational expenses but Revankar does not see margins coming under pressure in the near-term.
- Jul 24, 2013 07:40 PM IST
"We all are going through tough environment. Somehow, we are still holding our asset quality. Due to weak economic indicators, we have seen some moderation in the manufacturing and bulk goods transportation," Umesh Revankar, MD, Shriram Transport Finance told moneycontrol.com.
- Jul 23, 2013 12:31 PM IST
Shriram Transport Finance's first quarter net interest income (NII) is seen going up by 16 percent to Rs 934 crore in June quarter from Rs 802 crore reported in a year ago period.
- May 08, 2013 01:57 PM IST
Shriram Transport Finance â€“ a financier for small truck operators, has of late seen some signs of stress on its credit quality during the January â€“ March quarter. This has lead to some contraction in its net interest margin.
- May 07, 2013 01:07 PM IST
Non-banking finance company Shriram Transport Finance will declare its fourth quarter (January-March) results today. Analysts on an average expect the company's profit after tax to grow by 14 percent year-on-year to Rs 350 crore, according to CNBC-TV18 poll.
- Apr 16, 2013 04:46 PM IST
Kotak Securities has come with its March`13 quarterly earning estimates for banking & NBFCS sector. The research firm expects fresh slippages to remain stable QoQ with positive bias for banks under their coverage.
- Apr 16, 2013 04:43 PM IST
Motilal Oswal has come with its March`13 quarterly earning estimates for financial sector. The research firm expects reforms and monetary easing to continue, thereby growth is expected to revive gradually.
- Jan 10, 2013 03:25 PM IST
Motilal Oswal has come with its December`12 quarterly earning estimates for banking sector. The research firm expects RBI to start cutting interest rates from 4QFY13.
- Nov 02, 2012 01:37 PM IST
In an interview to CNBC-TV18 Suresh Ganapathy of Macquarie reviewed the second quarter financial performance of various public and private sector banks.
- Oct 30, 2012 03:51 PM IST
In an interview to CNBC-TV18, Umesh Revankar, MD, Shriram Transport spoke about the performance of the company in the second quarter. The consolidated net profit rose from 313 cr to 363 cr (YoY) and Net Interest margins (NIMs) rose to 7.67%. The company may add 3000-4000 cr in Securitisation by Q4.
- Oct 13, 2012 03:39 PM IST
Motilal Oswal has come with its September quarterly earning estimates for Financials sector. According to the research firm, banking coverage universe is expected to report healthy PAT growth of 19% YoY, largely driven by 23% YoY profit growth from private sector banks.
- Jul 24, 2012 03:15 PM IST
In an interview with CNBC-TV18, Umesh Revankar, Managing Director of Shriram Transport Finance Company said their performance has been steady, taking into consideration the weak economic environment.
- Jul 14, 2012 05:11 PM IST
Prabhudas Lilladher has come with its June quarterly earning estimates for banking & financial services sector. According to the research firm, Q1FY13 will be a relatively strong operating quarter for financials with ~22%/ 21% y/y PPOP and net profit growth.
- May 08, 2012 03:31 PM IST
Parag Sharma , chief finance officer, Shriram Transport Finance Company says that the year has been tough for the company and mining losses accounted for Rs 80 crore.
- May 08, 2012 11:48 AM IST
Commercial vehicle financing company Shriram Transport Finance is expected to report a fall of just 1% year-on-year in its profit after tax of Rs 337 crore for the fourth quarter of FY12, according to CNBC-TV18 poll.
- Apr 05, 2012 02:33 PM IST
Prabhudas Lilladher has come with its March quarterly earning estimates for banking & financial services sector. Asset quality will continue to remain the focus area for banks in Q412.
- Feb 10, 2012 05:36 PM IST
Due to sluggish truck demand, Shriram Transport Finance saw margins falling 80 basis points to 7.39% in the third quarter of FY12.
- Feb 10, 2012 08:28 AM IST
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
- Jan 11, 2012 03:09 PM IST
Motilal Oswal has come with its December quarterly earning estimates for financial sector.
- Nov 11, 2011 12:32 PM IST
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.
- Nov 08, 2011 06:12 PM IST
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.