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No Bumps in the Road

India has been investing significantly in infrastructure development, including the construction of roads, highways, and expressways. This investment has driven the demand for road construction equipment.

MCE market to witness volume growth in CY2021

Roads and highway projects and rural development to drive growth.

Srei reports steep profit growth in Q1

Srei Infrastructure Finance (Srei) has reported a consolidated profit after tax (PAT) of Rs 139.55 crore during the quarter ended June 30, 2018 as compared to Rs 65.15 crore during the corresponding quarter of 2017.

Bauma is an important platform for the industry

Basis various industry reports, In FY16, the disbursement in the construction equipment financing (CEF) industry was Rs 243 billion, down about 5 per cent from Rs 255 billion in FY15. However, In FY17, the CEF industry is expected to have a turnaround and grow about +5 per cent (from -5 per cent in FY 16) and grow about 15 per cent in FY18.

Srei Q1 net more than doubles

Srei Infrastructure Finance Ltd?s consolidated net profit more than doubled to Rs 51.57 crore during the April-June quarter (Q1) compared to a net profit of Rs 23.32 crore

Srei Q1 net more than doubles to Rs 51 crore

Srei Infrastructure Finance Ltd's consolidated net profit more than doubled to Rs 51.57 crore during the April-June quarter (Q1) compared to a net profit of Rs 23.32 crore posted during the same quarter last year

SEFC to raise `200 crore

Shriram Equipment Finance Company (SEFC) is planning to raise about Rs 150-200 crore from private equity (PE) investors and rope in strategic investors. Umesh Revankar, Managing Director of Shriram Transport Finance, said the company is expected to grow at a compounded annual rate of 15 per cent.

SEFC has already attained the most prominent position in the CE finance space

We have drawn a three-year plan and in the first tranche, we are well on track. The next three years will be a mixed bag of challenges and opportunities and we will capitalise on the same and consolidate our position to be one of the largest NBFCs in this segment, says Akshaya Nayak, Head Administration and Legal, SEFC.

Making It Happen

Shriram Equipment Finance Company caters to every possible segment, contributing significantly to the infrastructure development in the country.

Srei Infrastructure business grows 49%

Srei Infrastructure Finance consolidated disbursement during the last financial year 2011-12 has been Rs 18,600 crore as against Rs 12,497 crore in the previous year, recording a growth of 49 per cent.

Magma Fincorp disbursals up 50%

Leading asset finance company, Magma Fincorp announced the Q3, FY12 results that reflected strong growth in business disbursals and assets under management (AUM) over corresponding qu?a?rter of the last year.

Magma disbursement grew 37%

Leading asset finance company Magma Fincorp announced the Q2, FY 12 results that reflected strong growth in business disbursals and Assets under Management (AUM) over corresponding quarter of the last year. The disbursements grew at a robust 37 percent to Rs 1,558 crore, riding high on the performances across product categories.

Magma Fincorp disbursals up by 36%

The first quarter results of Magma Fincorp reflected strong growth in business disbursals of the company along with growth in revenues, Assets under Management (AUM) over the corresponding quarter last year.

Srei Infra posts growth in profit

Srei Infrastructure Finance recorded a growth of 33 per cent in its profit before tax to Rs 289 crore in 2010-11 from Rs 218 crore during last fiscal.

Magma registers impressive growth in Q4

Magma Fincorp, a non-banking finance company, announced its fourth quarter (Q4) financial results.

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