Srei Infrastructure Finance today said its net profit has increased 20 per cent during the first quarter of this fiscal at Rs 46.65 crore as against Rs 38.91 crore in the corresponding period a year ago.
Disbursements during the quarter stood at Rs 3,243.38 crore as against Rs 1,532.70 crore in the corresponding quarter a year ago, up 111.61 per cent, the company said in a press statement.
Assets under management during the quarter stood at Rs 14,576 crore as against Rs 10,602 crore during the same period last fiscal, up 37.48 per cent.
The firm added that the business target growth for FY11 is 25 per cent. Last fiscal, the company disbursed a total of Rs 9,017 crore.
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