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Corporate Results - Financial Services
Srei Infra Q1 net up 55% at Rs 23 cr

Our Bureau

Kolkata, July 31

Srei Infrastructure Finance Ltd, for the quarter ended June 30, has recorded a 55 per cent increase in profit after tax to Rs 23.28 crore, up from the Rs 15.02 crore achieved in the same quarter of previous financial year. Income from operations for the quarter under review was at Rs 121.35 crore (Rs 85.63 crore).

According to Mr Hemant Kanoria, Vice-Chairman and Managing Director, the business done during the said quarter recorded a 41 per cent increase at Rs 1461.2 crore (Rs 1037 crore). He said the company has continued to maintain the tempo of growth with assets under management during the first quarter climbing to Rs 557.32 crore (Rs 375.75 crore).

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