Monday, October 22, 2007

“If you have achieved something today, you want to do better tomorrow”

The numbers do speak in favour of the company, as the results for the year ended March 2007 show. Income from operations grew by a huge 75% yoy to reach Rs.3.9 billion. PAT increased by nearly 64% & stood at Rs.792.5 million. While SREI has achieved tremendous growth in the asset book, revenues & profits over the past three years, it has not compromised on asset quality. Stringent provisioning norms have enabled SREI to keep its Non Performing Assets (NPAs) at near zero level. The company not only boasts of a strong national footprint with 46 branches across the country, but has also established global presence in Russia & Germany & holds the record of being the first Indian infrastructure financing company to list on LSE. The company plans a size of Rs.130-150 billion in the next few years.
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Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative