Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Union Budget
Budget 2011-2012 Home
Industry Expectations - Budget 2011-2012
Industry Reactions - Budget 2011-2012
Budget 2010-2011
Budget 2010-2011 Home
Industry Expectations - Budget 2010-2011
Industry Reactions - Budget 2010-2011
Contributor's Corner
Bonanza Portfolio
Hemant K Gupta
Krish Bhatt
S A A R T H I
Trinity Investments
Exchange Information
BSE 2009 Holidays
NSE 2009 Holidays
Investor Guide
Depository & Dematerialisation
Grievance Redressal
Investor Guide
SEBI
Trading of Securities
Transfer of Securities
Your Rights
Budget 2009-2010
Budget 2009-2010 Home
Industry Expectations - Budget 2009-2010
Industry Reactions - Budget 2009-2010
Interim Budget 2009-2010 Home
Industry Expectations - Interim Budget 2009
Budget 2008-2009
Railway Budget 2008-2009
Industry Expectations - Budget 2008
Union Budget 2008-2009
Highlights of Budget 2008-2009
Summary of Budget 2008-2009
Industry Reactions - Budget 2008
IPOs
Current IPOs
Past IPOs
IPO Subscription
Mutual Funds
Gold Exchange Traded Fund
MF Unique Holding
Forthcoming Dividends
ELSS Schemes Comparison
Tax Plans
New Fund Offers
Research
Arbitrages
Equity
Market Whispers
Tax Planning
Home
Equity Linked Savings Scheme
Post Office MIS
9% GOI Senior Citizens Savings Scheme
8% Savings (Taxable) Bonds
Kisan Vikas Patra
National Savings Certificate
Public Provident Fund
Stock Report

| More
Srei Infrastructure Finance PBT grows 47% in H1, FY13 to Rs.205 Crore

Srei Infrastructure Finance Limited has recorded a 219% growth in its Consolidated Profit Before Tax during the quarter ended September 30, 2012 to Rs.158.07 crore as compared to Rs.49.53 crore same quarter last fiscal.

At the end of September, 2012, the total consolidated asset under management increased to Rs.32,505 crore from Rs.26,001 crore at the end of September, 2011, registering a growth of 25%. The consolidated total income for the quarter ended September 30, 2012 was Rs.788 crore as compared to Rs.588 crore in the corresponding period of the previous fiscal year, recording a growth of 34%. Consolidated disbursement during the quarter was Rs.2,347 crore as compared to Rs.4,401 crore in the corresponding period last fiscal. The consolidated profit after tax for the quarter stood at Rs.130.20 crore compared to Rs.24.60 crore, during the same period last fiscal registering a growth of 429%. The operating profit during quarter ended September 2012 was Rs.231.78 crore compared to Rs.112.67 crore during the same period last fiscal.

The consolidated total income for the half year ended September 30, 2012 was Rs.1,550 crore as compared to Rs.1,098 crore in the corresponding period of the previous fiscal year, recording a growth of 41%. Consolidated disbursement during the first half year this fiscal was Rs.6,064 crore as compared to Rs.8,392 crore in the corresponding period last fiscal. The consolidated profit before tax for the first half year this fiscal stood at Rs.205.23 crore compared to Rs.139.17 crore during the same period last fiscal, a growth of 47%.

Commenting on the Q2 results, Hemant Kanoria, Chairman and Managing Director, Srei Infrastructure Finance Limited, said, "The Profit Before Tax for the second quarter and half year in FY 13 has shown a marked improvement in comparison to the earlier quarter. Our focus on the infrastructure sector and close client relationship has resulted in better performance. We believe that financial institutions operating in this space need to comprehend the operational hurdles while financing clients as the view necessarily, has to be long term. The biggest advantage with a rightly sculpted infrastructure project is that it will always pay back inspite of all hurdles. Our over two decades of experience has enabled us to identify the right projects to finance."

Source: Equity Bulls

Posted On: 2012-11-09 21:40:23

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

IRB Infrastructure Developers Ltd Board declares Interim Dividend of Rs. 2 for 2014-15
ISL Consulting Fixes Book Closure for 22nd AGM
GV Films Fixes Book Closure for 2013-14 AGM
2 Independent Directors quit Orient Refractories Ltd
NG Industries Fixes Book Closure for Dividend & 20th AGM
Hindustan Oil Exploration Company Fixes Book Closure for 30th AGM
Indian Toners Fixes Book Closure for 2013-14 AGM
Engineers India Ltd to announce Q1 results on August 12, 2014
IRB Infrastructure Developers Q1 consolidated PAT climbs to Rs. 150.39 crores
Kamron Laboratories Fixes Book Closure for 26th AGM
Uttam Galva Steels Fixes Book Closure for 29th AGM
IIFL Holdings appoints Chief Financial Officer
Electrosteel Steels Fixes Book Closure for 2013-14 AGM
First Leasing Company of India Ltd to contest winding up petition
Infinite Computer Solutions (India) Ltd Fixes Book Closure for 2013-14 Final Dividend & AGM
Savant Infocomm Fixes Book Closure for 36th AGM
Uttam Value Steels Fixes Book Closure for 44th AGM
Dynamic Industries Fixes Book Closure for 2013-14 Dividend & AGM
Vipul Ltd rejigs Board
Andhra Pradesh Tanneries Ltd to consider Q1 results on August 8, 2014
Transwarranty Finance appoints Kumar Nair as MD
Adani Power denies in talks to acquire Indiabulls' power plant
Hikal Ltd to consider Q1 results on August 7, 2014
Hero MotoCorp Board to consider Interim Dividend for 2014-15
Cadila Healthcare Ltd Q1 PAT rises to Rs. 240.21 crores
Rapicut Carbides Ltd calls for Board Meeting on August 09, 2014
B L Raina quits Tinplate Company of India Ltd
Arvind Ltd to demerge real estate undertaking
Siemens to announce Q3 results on August 13, 2014
GMDC to announce Q1 results on August 13, 2014
Compuage Infocom Ltd rejigs Board
Siemens secures order worth Rs. 411 crores from Power Grid
Ravishankar Shinde quits JBF Industries Ltd
Simplex Projects Ltd to consider quarterly results on August 11, 2014
Simbhaoli Sugars Ltd to consider quarterly results on August 13, 2014
Dr Reddys Laboratories Q1 consolidated net soars to Rs. 550.39 crores
Indian Infotech & Software Ltd Board disapprove Bonus Issue & Dividend
Bharat Agri Fert & Realty appoints Directors
Oracle Financial Services Software Ltd to announce Q1 results on August 07, 2014
Lupin Ltd Q1 consolidated PAT surges to Rs. 624.74 crores
SAIL, Coal India JV acquires Rio Tinto's 2.6 Billion Tonnes coal resource in Mozambique
Gujarat Borosil Ltd to consider first quarter results on August 8, 2014
GKB Ophthalmics Ltd to consider quarterly results on August 13, 2014
Nu Tech Corporate Services Ltd to consider financial results on August 14, 2014
Samruddhi Realty Ltd Board approves 1:5 Bonus Issue
Symphony to consider new unit at SEZ in Kutch
Wipro clarifies on venture arm
Delhi Dynamos FC Announces Belgian Harm van Veldhoven as Manager
Bemco Hydraulics Ltd calls for Board Meeting on August 08, 2014
Shreejal Info Hubs Ltd appoints independent directors




  

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2014