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SREI Infrastructure Finance reports over two fold jump in Q1 consolidated net profit

08 Aug 2016 Evaluate

SREI Infrastructure Finance has reported results for first quarter ended June 30, 2016.

The company has reported 13.88% rise in its net profit at Rs 26.09 crore for the quarter as compared to Rs 22.91 crore for the same quarter in the previous year. Total income of the company increased by 59.15% at Rs 758.01 crore for quarter under review as compared to Rs 476.28 crore for the quarter ended June 30, 2015.

On the consolidated basis, the company has reported over two fold jump in its net profit after taxes, minority interest and share of loss of associate at Rs 51.57 crore for the quarter ended June 30, 2016 as compared to Rs 23.32 crore for the same quarter in the previous year. Total income of the company increased by 39.53% at Rs 1114.13 crore for quarter under review as compared to Rs 798.51 crore for the quarter ended June 30, 2015.

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