Business Ideas

Srei Infra posts net fall 38% at Rs 82 cr

Kolkata-based Srei Infrastructure Finance Limited reported a 38 per cent fall in net profit to Rs 82.08 crore on a consolidated basis for the year ended March 31, 2009 compared to Rs 131.94 crore at the end of the previous year. - Finolex net drops 73% at Rs 2.73 cr">Finolex net drops 73% at Rs 2.73 cr - Engineers India Q4 net up three-fold at Rs 158 cr - City Union Bank Q4 net dips 7% at Rs 26 cr - Satyam"s bank balance at Rs 373 cr at March-end - Satyam posts December qtr net at Rs 181 cr - UPDATE: Satyam Feb net profit at Rs 52 cr Total income on a consolidated basis, however, grew 20 per cent to Rs 842.46 crore as against Rs 732.84 crore in the previous financial year. On a standalone basis, net profit fell 53 per cent to Rs 50.36 crore for the year ended 31 March, 2009 compared to Rs 107.96 crore in the year-ago period. Over the same period, total income fell 30 per cent to Rs 322.27 crore. The firm made no provisions for bad and doubtful debts in 2008-09 as against Rs 13.71 crore in the previous financial year. Earnings per share for the year ended March 31, 2009 were Rs 4.34 compared to Rs 9.91 in the year-ago period. The firm’s total expenditure fell 27 per cent to Rs 81.25 crore mainly on account of a 44 per cent reduction in employee costs to Rs 14.38 crore.

quick cash loans commented:

A bad news for the company and the investors also hope they will be able to overcome this

08.09.2011

cash loan commented:

Sad to hear such downfall.Hoping it will be recovered soon from such condition.Thanks for such post.

08.11.2011

payday loans online commented:

It is a bad news for company and the market too.Such downfall will be prevented I believe by them very soon as they will must take actions for that.Thanks for such post..

14.11.2011

Asian Private Funds commented:

This is surely a matter of great concern for the company owners as the 38% is huge fall.They have to review their ideas which they have applied recently and start with fresh approach.

15.12.2011

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03.01.2012

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22.02.2012

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24.03.2012

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23.04.2012


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