SREI Infrastructure Finance has reported results for the fourth quarter and year ended March 31, 2016.
The company has posted a fall of 12.10% in its net profit at Rs 14.46 crore for the quarter ended March 31, 2016 as compared to Rs 16.45 crore for the same quarter in the previous year. However, total income of the company has increased by 12.91% at Rs 469.71 crore for quarter under review as compared to Rs 416 crore for the quarter ended March 31, 2015.
On consolidated basis, the company has posted a rise of 52.49% in its net profit after taxes, minority interest and share of profit of associates at Rs 20.54 crore for the quarter ended March 31, 2016 as compared to Rs 13.47 crore for the corresponding quarter in the FY15. Total income of the company increased by 7.54% at Rs 818.64 crore for quarter under review as compared to Rs 761.22 crore for the same quarter ended previous year.
For the year ended March 31, 2016, the company has posted a fall of 36.87% in its net profit at Rs 57.4 crore as compared to Rs 90.93 crore for the same period in the previous year. Total income of company decreased by 0.19% at Rs 1896.33 crore for year under review as compared to Rs 1900.03 crore for the period ended March 31, 2015.
For the year ended March 31, 2016, on the consolidated basis, the company has posted fall of 43.83% in its net profit after taxes, minority interest and share of profit of associates at Rs 72.52 crore as compared to Rs 129.10 crore for the same period in the previous year. Total income of company has decreased by 2.93% at Rs 3261.94 crore for year under review as compared to Rs 3360.32 crore for the period ended March 31, 2015.
