SREI Infrastructure Finance net profit declines 49.74% in the March 2014 quarter

Image
Capital Market
Last Updated : May 23 2014 | 11:46 PM IST

Sales rise 33.44% to Rs 467.99 crore

Net profit of SREI Infrastructure Finance declined 49.74% to Rs 8.59 crore in the quarter ended March 2014 as against Rs 17.09 crore during the previous quarter ended March 2013. Sales rose 33.44% to Rs 467.99 crore in the quarter ended March 2014 as against Rs 350.71 crore during the previous quarter ended March 2013.

For the full year,net profit declined 37.53% to Rs 59.32 crore in the year ended March 2014 as against Rs 94.96 crore during the previous year ended March 2013. Sales rose 13.12% to Rs 1786.57 crore in the year ended March 2014 as against Rs 1579.36 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales467.99350.71 33 1786.571579.36 13 OPM %92.16102.57 -91.9496.15 - PBDT16.8926.94 -37 113.75166.37 -32 PBT9.3321.24 -56 87.63135.41 -35 NP8.5917.09 -50 59.3294.96 -38

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 23 2014 | 6:00 PM IST

Next Story