Q3FY17 Results: SREI Infrastructure Finance Ltd.
Bhagyashree Vivarekar / 03 Feb 2017
Srei Infrtastructure Finance Ltd. Ltd. reported its results for the quarter ended December 31, 2016, today. The company reported total revenues for Q3FY17 at Rs 1128.96 crore, which represents a 2.06 per cent sequential increase and 43.45 per cent YoY increase.
Srei Infrtastructure Finance Ltd. Ltd. reported its results for the quarter ended December 31, 2016, today.
The company reported total revenues for Q3FY17 at Rs 1128.96 crore, which represents a 2.06 per cent sequential increase and 43.45 per cent YoY increase.
Its operating profit (EBIT) for the quarter was Rs 802.51 crore and its EBIT margin was 71.08 per cent.
The company's PAT was Rs 67.15 crore, which represents a sequential QoQ increase of 8.9 per cent and a YoY increase of 337.17 per cent.
The company's stock opened at Rs 92 on the BSE, and rose 8.08 per cent after the results were declared. It is currently trading around Rs 95.50.
Srei Infrastructure Finance Ltd is an Indian company engaged in infrastructure financing. Its business segments include infrastructure sector: project finance, advisory and development, infrastructure equipment finance, Sahaj e-Village, venture capital, capital market, Quippo-Equipment Bank, Viom -telecom towers and insurance broking.
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