Shriram Transport Finance Co Ltd, India's biggest truck financier, has reported an increase of more than 15 per cent in consolidated net profit for the second quarter of current fiscal year.

The non-banking finance company said its consolidated net profit increased 15.9 per cent to Rs 362.63 crore in the three months to September 30, from Rs 312.70 crore in the corresponding three months of last year.

For the first six months of the fiscal, the company reported the consolidated net profit at Rs 704.72 crore, up from Rs 665.68 crore in the corresponding period of previous year.

In the second quarter alone, standalone net profit jumped 13 per cent to Rs 337 crore year-on-year, while income from operations climbed 9 per cent to settle at Rs 1,593 crore.

As of September 30, the company's total assets under management jumped 16 per cent to Rs 44,085 crore in the concerned three months.

Earnings per share (EPS) jumped 13 per cent to Rs 13.24.

The company has announced an interim dividend of Rs 3 per share, in which the dividend pay-out would soak up Rs 79.10 crore.

Following the announcement of the second quarter results, shares of Shriram Transport Finance gained 1.26 per cent to close at Rs 615.40 apiece on the Bombay Stock Exchange (BSE).