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Shriram Transport Finance (STFC) declared its results for the second quarter of the financial year (2QFY18). On a standalone basis, the institution saw its net interest income jump by 20.6% YoY and the profits surge by 23.6% YoY in 2QFY18. Here is the detailed analysis of the results.
|Net Interest Income||13,530||16,324||20.6%||27,004||32,176||19.2%|
|Net interest margin (%)||7.1%||7.5%||7.2%||7.5%|
|Provisions and contingencies||4,621||5,879||27.2%||9,224||11,702||26.9%|
|Profit before tax||5,940||7,283||22.6%||11,636||14,152||21.6%|
|Profit after tax/ (loss)||3,877||4,791||23.6%||7,618||9,278||21.8%|
|Net profit margin (%)||14.4%||16.3%||14.2%||16.0%|
|No. of shares (m)||226.9|
|Book value per share (Rs)||531.6|
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