Srei Infrastructure Finance Ltd has registered a 32 per cent fall in consolidated net profit for the quarter ended September 30, 2014, at Rs 28.07 crore.
The company had a net profit of Rs 41.24 crore in the corresponding quarter of 2013—14.
“Total income has increased from Rs 818.01 crore for the quarter ended September 30, 2013 to Rs 833.05 crore for the quarter ended September 30, 2014,” it said in a filing to the BSE.
Total consolidated asset under management increased to Rs 34,438 crore (Rs 34,349 crore).
Consolidated disbursement during the quarter was Rs 3,377 crore as compared to Rs 2,401 crore in the corresponding period last fiscal.
On standalone basis, the company registered 91 per cent rise in net profit at Rs 21.21 crore for the second quarter of FY2014—15 against that of Rs 11.09 crore in the same period last year.
Its’ standalone income increased from Rs 450.14 crore to Rs 471.36 crore for the quarter under review.
Shares of the company closed 1.57 per cent lower at Rs 47 on the BSE today.