SREI Infra net profit drops 53 percent in 2008-09

By IANS,

Kolkata : Non-banking finance company SREI Infrastructure Finance has posted a net profit of Rs.50.36 crore for the year ended March 31 – a fall of 53 percent from Rs.107.96 crore recorded the year before.


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Total income fell by 30 percent to Rs.322.27 crore last fiscal from Rs.462.15 crore in 2007-08, the company said in a statement Friday.

Consolidated disbursement by the SREI group during 2008-09 stood at Rs.6,620 crore as against Rs.5,736.93 crore the year before, recording a growth of 15.39 percent.

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