Non-banking finance company Shriram Transport Finance today reported a 27.26 per cent growth in net profit at Rs 3,013.6M ($66.2M) for the third quarter ended December 31, 2010. ($76.9M) approved in October last year.

The company had a net profit of Rs 2,368.1M ($52M) in the corresponding period last year.

Total income of the company rose to Rs 13.7 BN ($301.1M) during the October-December period, from Rs 11.5 BN ($252.7M) in the corresponding period a year ago, Shriram Transport said in a filing to the Bombay Stock Exchange.

The company's net interest income grew by 45 per cent to Rs 8.4 BN ($184.6M) during the December quarter of the current fiscal.

During the first nine months of the current fiscal, Shriram Transport reported a net profit of Rs 8.9 BN ($195.6M), a 46 per cent jump over the same period last year.