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Srei Infrastructure Finance Limited, one of India’s largest holistic infrastructure institutions, has reported a consolidated profit after tax (“PAT”) of`162.43 crore during the half year ended September 30, 2017 as compared to`113.44 crore during the corresponding period of last year, a growth of 43%. The company’s consolidated profit after tax during the quarter ending September 30, 2017 was` 86.11 crore as compared to` 61.87 crore in the corresponding quarter of previous year, a growth of 39%.

The consolidated disbursement for half year ended September 30, 2017 has been`10,416 crore against` 7,290 crore for the corresponding period of last year. The consolidated disbursement for the quarter ended September 30, 2017 was` 6,010 crore against` 3,498 crore in the corresponding quarter of last year. The standalone PAT was`59.05 crore for the half year ended September 30, 2017 as compared to` 49.11 crore in the corresponding period of last year. Total consolidated income for the half year ended September 30, 2017 was`2,448.85 crore as against`2,220.78 crore recorded during the half year ended September 30, 2016. Total consolidated income for the quarter ended September 30, 2017 was`1,257.53 crore as against`1,106.65 crore recorded during the quarter ended September 30, 2016.Consolidated assets under management ("AUM") stood at`43,125 crore as on September 30, 2017 as compared to` 36,513 crore a year earlier.

Commenting on the results, Hemant Kanoria, Chairman and Managing Director, Srei, said, “Our journey towards our objective of shareholder value enhancement through business growth, profit growth, improvement in asset quality and harvesting of strategic investment portfolio is on track. In the second quarter, we have also completed the initial public offer (“IPO”) of Bharat Road Network Limited (“BRNL”) successfully. We have announced plans to list Srei Equipment Finance Limited, which we are targeting to complete within this financial year. We hope to continue meeting our targets as envisaged.”