InvestorQ : How do you see the latest quarterly results of Shriram Transport & Finance?
Archita Jajjoo made post

How do you see the latest quarterly results of Shriram Transport & Finance?

Answer
user profile image
Rashi Mehra answered.
2 months ago


Shriram Transport Finance net profits fell 50% to Rs.320 crore in the Jun-20 quarter. Total revenues were marginally higher at Rs.4145 crore for the Jun-20 quarter. There was a 6% accretion in AUM to Rs.112,000 crore. The lockdown has put pressure on financials and for now it is best to be cautious on the stock and the sector overall.