Srei Infrastructure Finance Ltd reported a significant increase in Q2 net profit, rising by over sixfold to Rs 491.40 million, while net sales grew by 59.51% to Rs 4221.40 million. The net profit margin improved to 11.64% from 3.01% in the previous fiscal year, though equity capital remained unchanged. The company's stock closed at Rs 33.95, reflecting a 5.56% decline on the BSE.

1. SREI Infra Finance Q2 Net rises over 6 fold
SREI Infrastructure Finance Ltd
20-Nov-2012 | Quarterly Result as on 30-Sep-2012
For the period the SREI Infrastructure Finance Ltd reported Net Sales of Rs 4221.40 million and Net Profit of Rs 491.40 million. While Net
Sales rose by 59.51%, Net Profit grown by 517.34% and thereby NPM improved to 11.64% as compared to 3.01% during same period
previous FY. Equity Capital for the period under consideration has increased by 0.00% and stands at Rs 5032.40 million.
The stock of the SREI Infrastructure Finance Ltd at BSE opened at 36.50 touched a high 37.05 and low 33.50 before closing at 33.95 losing
5.56% over previous close. The trading volume for the stock at BSE stood at 822049 shares and at NSE stood at 3460736 shares.
BSE NSE
The BSE Sensex closed today at 18329.32 (0.05% loss) and Nifty closed at 5571.55 (0.00% gain).
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