Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Shriram Transport Finance stock zooms nearly 13 pc post Q3 earnings

Feb 4, 2020, 12:01 IST

PTI

New Delhi, Feb 4 () Shares of Shriram Transport Finance Company (STFC) on Tuesday zoomed nearly 13 per cent after the company reported 38.4 per cent rise in consolidated net profit for the third quarter ended December.

The scrip jumped 12.84 per cent to Rs 1,113.40 on the BSE.

At the NSE, it climbed 12.85 per cent to Rs 1,114.95.

Shriram Transport Finance on Monday reported 38.4 per cent rise in consolidated net profit at Rs 879.16 crore for the third quarter ended December.

The non-banking financial company (NBFC) had posted a net profit of Rs 635.45 crore in October-December 2018-19.

Total income during the quarter under review rose to Rs 4,288.26 crore from Rs 3,993.40 crore in the year-ago quarter.

STFC is the flagship company of Shriram Group.

SUM ANU ANU

(This story has not been edited by www.businessinsider.in and is auto–generated from a syndicated feed we subscribe to.)