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SREI Infrastructure Finance reports over 2 fold jump in Q1 consolidated net profit

06 Sep 2018 Evaluate

SREI Infrastructure Finance has reported results for first quarter ended June 30, 2018.

The company has reported a rise of 43.37% in its net profit of Rs 30.18 crore for the quarter under review as compared to Rs 21.05 crore for the same quarter in the previous year. However, total income of the company decreased by 1.96% at Rs 422.09 crore for Q1FY19 as compared Rs 430.54 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported over 2 fold jump in its net profit of Rs 139.57 crore for the quarter under review as compared to Rs 65.18 crore for the same quarter in the previous year. Total income of the company increased by 21.13% at Rs 1,475.99 crore for Q1FY19 as compared Rs 1,218.48 crore for the corresponding quarter previous year.

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