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.
"Believer - Humanitarian - Habit of Success" Sukumar Balakrishnan is the Founder of JB GROUP, a 500 Crore National Organization with over 150 Direct & 1200 indirect professionals operating from 5 major cities in India. Jayalakshmi Balakrishnan Group, a multi-faceted group venturing into, E- Commerce and Import-Export (INNOKAIZ), Retail and Wholesale (JB MART), Food and Beverages (KRISHNA FOODS ), Real Estate (Constructions on sites, Interior scaping, Facility Management)
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