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SREI Equipment Finance standalone net profit declines 63.78% in the June 2015 quarter

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Capital Market

Sales decline 1.24% to Rs 620.98 crore

Net profit of SREI Equipment Finance declined 63.78% to Rs 22.85 crore in the quarter ended June 2015 as against Rs 63.08 crore during the previous quarter ended June 2014. Sales declined 1.24% to Rs 620.98 crore in the quarter ended June 2015 as against Rs 628.75 crore during the previous quarter ended June 2014. ParticularsQuarter EndedJun. 2015Jun. 2014% Var.Sales620.98628.75 -1 OPM %75.2281.55 -PBDT112.83159.46 -29 PBT32.4095.31 -66 NP22.8563.08 -64

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First Published: Aug 03 2015 | 9:38 AM IST

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