Shriram Transport shines on reporting 16% jump in Q2 consolidated net profit

30 Oct 2012 Evaluate

Shriram Transport Finance Company is currently trading at Rs. 610.00, up by 2.25 points or 0.37% from its previous closing of Rs. 607.75 on the BSE.

The scrip opened at Rs. 610.00 and has touched a high and low of Rs. 614.90 and Rs. 595.05 respectively. So far 12884 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 669.00 on 09-Oct-2012 and a 52 week low of Rs. 416.00 on 02-Jan-2012.

Last one week high and low of the scrip stood at Rs. 627.00 and Rs. 595.05 respectively. The current market cap of the company is Rs. 13807.60 crore.

The promoters holding in the company stood at 46.21% while Institutions and Non-Institutions held 42.71% and 11.08% respectively. 

Shriram Transport Finance Company has reported results for second quarter ended September 30, 2012.

The company has registered a rise of 12.74% in its net profit at Rs 337.56 crore for the quarter ended September 30, 2012 as compared to Rs 299.41 crore for the same quarter in the previous year. Total income from operations has increased by 9.15% at Rs 1593.65 crore for quarter under review as compared to Rs 1460.05 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has posted a rise of 15.95% in its net profit after tax, minority interest and share of profit of associates at Rs 362.57 crore for the quarter ended September 30, 2012 as compared to Rs 312.69 crore for the same quarter in the previous year. Total income has increased by 11.55% at Rs 1704.23 crore for quarter under review as compared to Rs 1527.82 crore for the quarter ended September 30, 2011.

Shriram Transport Finance Company has declared an interim dividend of 30% i.e. Rs 3 per equity share of the face value of Rs 10 each fully paid up.

Shriram Finance Share Price

2879.65 7.90 (0.28%)
23-Dec-2024 13:56 View Price Chart
Peers
Company Name CMP
Bajaj Finance 6880.65
Shriram Finance 2879.65
Aditya Birla Capital 187.55
SBI Cards AndPayment 694.00
Mah & Mah Finl. Serv 266.45
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