Shriram Transport Finance Limited Q4FY15 Results

The Board Meeting of Shriram Transport Finance Company Limited (STFC), the largest asset financing NBFC in the country, was held today to consider the audited financial results for the fourth quarter ended 31^st. March, 2015.

Financials (Standlone) :

Fourth quarter ended 31 ^st. March, 2015 :

The Net interest income for the fourth quarter ended 31^st. March, 2015 stands at Rs. 1,085.36 crores as against Rs. 920.52 crores in the same period of the previous year. The profit after tax stands at Rs. 316.73 crores as against Rs. 294.96 crores recorded in the same period of the previous year. The earning per share (basic) for the fourth quarter ended 31^st. March, 2015 stands at Rs.13.96 as against Rs. 13.00 recorded in the same period of the previous year.

Year ended 31 ^st. March, 2015 :

The Net interest income for the year ended 31^st. March, 2015 stands at Rs. 4,112.94 crores as against Rs. 3,667.96 crores of the previous year. The profit after tax stands at Rs. 1,237.81 crores as against Rs. 1,264.21 crores recorded in the previous year.The earning per share (basic) for the financial year ended 31^st. March, 2015 stands at Rs. 54.56 from Rs. 55.72 recorded in the previous year.

Dividend :

STFC has proposed a final dividend of Rs.6.00 (60%)per share. This is in addition to the interim dividend of Rs. 4.00 (40%)per share declared at the Board Meeting held on 20^th. October, 2014 making the total dividend of Rs. 10.00 (100%) per share as against the total dividend of Rs. 7.00 (70%) per share paid for 2013 – 14.

Assets under Management :

Total Assets under Management as on 31^st . March, 2015 stands at Rs. 59,108.28 crores as compared to Rs. 53,116.19 crores as on 31^st. March, .2014.

Financials (Consolidated) :

Fourth quarter ended 31 ^st. March, 2015 :

The Net interest income for the fourth quarter ended 31^st. March, 2015 stands at Rs. 1,105.57 crores as against Rs. 975.95 crores in the same period of the previous year. The profit after tax stands at Rs. 84.23 crores as against Rs. 314.89 crores recorded in the same period of the previous year. The earning per share (basic) stands at Rs. 3.71 as against Rs. 13.88 recorded in the same period of the previous year.

Year ended 31 ^st. March, 2015 :

The Net interest income for the year ended 31^st. March, 2015 stands at Rs. 4,302.73 crores as against Rs. 3,922.12 crores of the previous year. The profit after tax stands at Rs. 1,028.44 crores as against Rs. 1,357.94 crores recorded in the same period previous year. The earning per share (basic) stands at Rs. 45.33 as against Rs. 59.85 recorded in the same period previous year.

Assets under Management :

Total Assets under Management as on 31^st . March, 2015 stands at Rs. 62,106.86 crores as compared to Rs. 56,534.58 crores as on 31^st. March, 2014.

About Shriram Transport Finance Company Limited .

Shriram Transport Finance Company Limited is the flagship company of the Shriram group which has significant presence in Consumer Finance, Life Insurance, General Insurance, Stock Broking and Distribution businesses. Established in 1979, Shriram Transport is today the largest asset financing NBFC in the country and holistic finance provider for the commercial vehicle industry and seeks to partner small truck owners for every possible need related to their assets. It has PAN India presence with 741 branch offices. Based at Mumbai, it manages assets over Rs 59,000 crores and has a live customer base exceeding 12 lacs.