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Shriram Transport Finance reports 20 pc jump in PAT

CHENNAI: Non-banking finance companyShriram Transport Finance, flagship company of theShriram Group, has reported a 20.1 per cent jump in its profit after tax at Rs 347.30 crore for the quarter ended June 30, 2011. 

The Chennai-headquartered company had registered profit after tax (PAT) of Rs 288.94 crore in the same period of previous year, a company release said. 

For the year ending March 31, 2011, the PAT stood at Rs Rs 1,229.8 crore, it added. 

The total income for the quarter ended June 30, 2011, grew to Rs 1,393.22 crore as compared to Rs 1,233.51 crore, the release said. 

For the financial year ended March 31, 2011, the total income stood at Rs 5,259.71 crore, it said. 

A final dividend of Rs four per share for the financial year 2010-11, was approved by the shareholders and was paid on July 4, 2011, it added. 

As of June 30, 2011, the total assets under management stood at Rs 36,997 crore compared to Rs 36,182 crore as on March 31, 2011.

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