Net profit of Kolkata-based Srei Infrastructure Finance rose 20 per cent to Rs 46.65 crore for the first quarter ended June, against Rs 39 crore during the corresponding period last year.
Higher disbursements buoyed consolidated revenues by about 112 per cent to Rs 3,243 crore during the period under review, against Rs 1,533 crore during the same period last year, according to a statement issued by the company.
The company’s consolidated assets under management increased 37 per cent year-on-year to Rs 14,576 crore at the end of the June quarter. Operating profit rose 71 per cent to Rs 99 crore from Rs 58 crore a year ago, while total income grew 91 per cent to Rs 324 crore from Rs 170 crore.
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