Home » Financial Results » Shriram Transport Finance Q4 down by 22% at INR 746 crore

Shriram Transport Finance Q4 down by 22% at INR 746 crore

May 9, 2019

Total Assets under Management as on 31st March, 2019 stands at INR 104,482.29 crore as compared to INR 96,260.61 crore as on 31st March, 2018.

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 and year ended 31st March, 2019.

Financials (Standalone) :

Year ended 31st March, 2019 :

• The Net Interest Income for the year ended 31st March, 2019 was INR 7,807.54 crore as against INR 6,785.24 crore (as per Previous GAAP INR 6,734.54 crore) in the same period of the previous year.
• The profit after tax was INR 2,564.00 crore as against INR 2,460.54 crore (as per Previous GAAP INR 1,568.02 crore) recorded in the same period of the previous year.
• The earning per share (basic) stands at INR 113.01 as against INR 108.45 (as per Previous GAAP INR 69.11) recorded in the same period of the previous year

Fourth quarter ended 31st March, 2019:

• The Net Interest Income for the fourth quarter ended 31st March, 2019 was INR 1,905.86 crore as against INR 1,854.63 crore (as per Previous GAAP INR 1,807.55 crore) in the same period of the previous year.
• The profit after tax stands at INR 746.04 crore as against INR 961.76 crore (as per Previous GAAP INR 144.60 crore) recorded in the same period of the previous year.
• The earning per share (basic) stands at INR 32.88 as against INR 42.39 (as per Previous GAAP INR 6.37) recorded in the same period of the previous year.

STFC has proposed a final dividend of INR 7.00 (70%) per share. This is in addition to the interim dividend of INR 5.00 (50%) per share declared at the Board Meeting held on October 25, 2018 making the total dividend of INR 12.00 (120%) per share as against the total dividend of INR 11.00 (110%) per share paid for 2017 -18.