Srei posts Rs.26.58 crore net profit for second quarter
October 26th, 2009 - 8:58 pm ICT by IANS ( Leave a comment )Kolkata, Oct 26 (IANS) Non-banking financial company Srei Infrastructure Finance has posted a consolidated net profit of Rs.26.58 crore for the second quarter this fiscal, marginally up from Rs.26.18 crore reported in the like period last year.
The total consolidated income for the quarter ended Sep 30 was Rs.240.86 crore against Rs.247.24 crore in the corresponding period last fiscal.
Srei’s consolidated disbursement during the quarter under review was Rs.2,635 crore as compared to Rs.2,870 crore a year ago.
“Our disbursement in the second quarter of the financial year has been reasonable at Rs.2,635 crore while the profits have also been decent. Economic growth that we saw during the first quarter has further gained momentum,” said Hemant Kanoria, chairman and managing director of the company.
“We are quite optimistic that our business in the next two quarters should reflect growth in tandem with the pick-up in the infrastructure investments in the country,” he added.
- Srei's 2010-11 net profit up by 15 percent - May 19, 2011
- SREI Infra to integrate Quippo with self - Jan 29, 2010
- Srei Infra's Q3 net slips by 51.8 percent - Feb 03, 2012
- Cholamandalam Investment posts higher profit - Jan 27, 2011
- Tata Motors Q2 consolidated net profit down 15.55 percent - Nov 14, 2011
- Oil India's Q3 net profit up 26.58 percent - Feb 05, 2011
- Magma Fincorp Q2 profit up 67 percent - Oct 12, 2010
- SREI's second quarter profit dips 21 percent - Oct 30, 2008
- Magma's Q2 income up 27 percent - Oct 17, 2011
- TVS Motor's Q2 net profit up 40 percent - Nov 03, 2011
- Carborundum Universal Q2 net profit grows 55 percent - Oct 27, 2010
- ICICI Bank's net profit jumps 30.5 percent in third quarter - Jan 24, 2011
- Infosys net up 33 percent in third quarter - Jan 12, 2012
- HCL Technologies quarterly net profit rises 26.37 percent - Apr 20, 2011
- Idea Cellular's third quarter net profit declines - Jan 23, 2012
Tags: consolidated income, disbursement, economic growth, first quarter, infrastructure finance, infrastructure investments, managing director, momentum, net profit, profits, quarters, second quarter, tandem
