Page 4 - ஸ்ரே உள்கட்டமைப்பு நிதி லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Srei Infra company secy resigns; 180 exits since Dec after salary caps
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Srei Infrastructure Finance company secretary resigns
telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
Srei Infra nosedives 15% after company posts Rs 3,810-crore Q3 loss
SECTIONS
Last Updated: Feb 15, 2021, 09:40 AM IST
Share
The company had reported a net profit of Rs 60 crore in the year-ago period.
The Srei Infra stock fell 15.47 per cent to hit a low of Rs 6.23 on BSE.
INSIGHTS
NSE
Explore Now
NEW DELHI: Srei Infrastructure Finance shares tanked over 15 per cent in Monday s trade after the NBFC reported a consolidated net loss of Rs 3,810 crore for the December quarter on account of higher and accelerated provisioning as a prudent measure.
The company had reported a net profit of Rs 60 crore for the corresponding period a year ago.
Srei reports whopping loss of Rs 3,810 cr in Q3
SECTIONS
Last Updated: Feb 14, 2021, 05:10 PM IST
Share
Synopsis
The Kolkata-based company claimed that the Covid-19 pandemic had impacted its recovery, leading to an asset- liability mismatch.
Agencies
NSE
KOLKATA:
Srei Infrastructure Finance Ltd on Sunday said it has posted a consolidated net loss of Rs 3,810 crore during the third quarter of the current fiscal on account of higher and accelerated provisioning as a prudent measure.
The company had reported a net profit of Rs 60 crore in the year-ago period.
Its revenue from operations for the October-December period of the current fiscal stood at Rs 490 crore as against Rs 1,450 crore in the corresponding quarter last year.
vimarsana © 2020. All Rights Reserved.