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Wednesday, Feb 02, 2005

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Srei profits rise

Our Bureau

KOLKATA: Srei Infrastructure Finance Ltd, formerly Srei International Finance Ltd, posted a 114 per cent rise in PBT in the third quarter of 2004-05 ended on December 31, 2004.

According to the un-audited result, which was taken on record by the company board here on Tuesday, PBT rose to Rs 13.64 crore from Rs 6.38 crore in the same period last year.

The net profit in the first nine months of 2004-05 improved by 56 per cent to Rs 18.10 crore from Rs 11.58 crore in the corresponding period of 2003-04.

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