Srei registers growth of 59%
Srei Infrastructure Fina?nce has registered an increase of 59 per cent in its consolidated disbur?sement at Rs 5,148 crore during the quarter ended 30 June 2011 as compared to Rs 3,243 crore disbursed during the corre?sponding quarter last fiscal. The consolidated Asset under Mana?gement stood at Rs 22,673 crore at the end of Q1 this financial year as against Rs 14,576 crore at the end of Q1 last financial year, resulting in an increase of over 56 per cent. The consolidated ope?rating profit this quarter stood at Rs 142.21 crore as compared to Rs 98.94 crore in the first quarter of the last fiscal on a consolidated total income of Rs 510.83 crore (Rs 323.84 crore in the same period of the previous year). Likewise, during quarter ended June 2011, the consolidated pre-tax profit was Rs 89.64 crore compared to Rs 74.61 crore in the corresponding quarter of last financial year, registering an increase of 20 per cent. The consolidated profit after tax stood at Rs 54.60 crore for the first quarter ended June 2011 as compared to Rs 46.65 crore during same quarter last year.