New Delhi: Srei Infrastructure Finance (Srei) on Wednesday reported consolidated profit after tax of Rs105.14 crore for the quarter ended December 2017, a growth of 56% year-on-year.
The company had posted a profit of Rs67.21 crore in October-December quarter of 2016-17. The total consolidated income for the quarter under review was Rs1,411.95 crore as compared to Rs1,134.57 crore in the corresponding period of the last fiscal, the company said in a regulatory filing.
“Consolidated profit after tax is ₹ 267.57 crore during the nine months ended December 31, 2017 as compared to ₹ 180.65 crore in the corresponding period of the previous year, registering a growth of 48 per cent," it said.
Consolidated assets under management stood at Rs44,971 crore as on 31 December 2017 as compared to Rs37,505 crore a year earlier. Srei’s shares closed 1.13% higher at Rs102.65 apiece on BSE on Wednesday.