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SREI Infrastructure Finance standalone net profit declines 12.10% in the March 2016 quarter

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Capital Market

Sales rise 13.49% to Rs 456.67 crore

Net profit of SREI Infrastructure Finance declined 12.10% to Rs 14.46 crore in the quarter ended March 2016 as against Rs 16.45 crore during the previous quarter ended March 2015. Sales rose 13.49% to Rs 456.67 crore in the quarter ended March 2016 as against Rs 402.39 crore during the previous quarter ended March 2015.

For the full year,net profit declined 36.87% to Rs 57.40 crore in the year ended March 2016 as against Rs 90.93 crore during the previous year ended March 2015. Sales declined 0.94% to Rs 1845.84 crore in the year ended March 2016 as against Rs 1863.40 crore during the previous year ended March 2015.

 
ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales456.67402.39 13 1845.841863.40 -1 OPM %95.0799.83 -92.7489.82 - PBDT31.6921.20 49 132.98158.71 -16 PBT19.3310.36 87 81.42119.52 -32 NP14.4616.45 -12 57.4090.93 -37

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First Published: May 13 2016 | 8:49 AM IST

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