Shriram Trans Q4 earnings: Profit slips but asset quality improves
  • WebDesk BTVI
  • May 09 2019

Umesh Revankar, MD & CEO, Shriram Transport Finance, says the quarter went good given the difficulties that the market witnessed. AEM saw a 2.76% increase QoQ and 8.54% YoY. He added that selling stake in automobile business last year which added to profits. He said a good improvement was seen in asset quality with net interest margin at 7.22%. Revankar said the liquidity situation is cuurently stable, as the company raised $500 million from US bonds.