REG - SREI Inf Fin Ltd - Consolidated Financial Results - 30.09.2015 <Origin Href="QuoteRef">SREI.NS</Origin> - Part 2

Srei Infrastructure FinanceAnnouncement

05/01/2016 13:20

- Part 2: For the preceding part double click  ID:nRSI9416Ea 

                                                                                                                                              30-Sep-15        30-Jun-15        30-Sep-14    30-Sep-15        30-Sep-14    31-Mar-15                                    
                                                                                                                                                                                                                                                                                                                                                                                                                      (Unaudited)      (Unaudited)      (Unaudited)  (Unaudited)      (Unaudited)  (Audited)                                    
         1. Segment Revenue                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
         (a) Financial Services                                                                                                                                                                                                                                                                                                                                                                                       84,521           79,368           80,471       1,63,889         1,71,605     3,25,698                                     
         (b) Infrastructure Equipment Services                                                                                                                                                                                                                                                                                                                                                                        829              808              4,334        1,637            8,379        15,585                                       
         (c) Others                                                                                                                                                                                                                                                                                                                                                                                                   36               11               42           47               60           139                                          
         Total                                                                                                                                                                                                                                                                                                                                                                                                        85,386           80,187           84,847       1,65,573         1,80,044     3,41,422                                     
         Less:  Inter Segment Revenue                                                                                                                                                                                                                                                                                                                                                                                 238              336              1,542        574              3,017        5,390                                        
         Net Income from Operations                                                                                                                                                                                                                                                                                                                                                                                   85,148           79,851           83,305       1,64,999         1,77,027     3,36,032                                     
         2. Segment Results                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
         (a) Financial Services                                                                                                                                                                                                                                                                                                                                                                                       2,547            4,292            4,217        6,839            12,826       16,186                                       
         (b) Infrastructure Equipment Services                                                                                                                                                                                                                                                                                                                                                                        (680)            (830)            1,304        (1,510)          2,434        2,633                                        
         (c) Others                                                                                                                                                                                                                                                                                                                                                                                                   16               (5)              16           11               3            25                                           
         Total                                                                                                                                                                                                                                                                                                                                                                                                        1,883            3,457            5,537        5,340            15,263       18,844                                       
         Less:  Interest & Finance Charges                                                                                                                                                                                                                                                                                                                                                                            -                -                -            -                -            -                                            
         Other Un-allocable Expenditure (Net)                                                                                                                                                                                                                                                                                                                                                                         -                -                -            -                -            -                                            
         Un-allocable Income                                                                                                                                                                                                                                                                                                                                                                                          -                -                -            -                -            -                                            
         Profit Before Tax                                                                                                                                                                                                                                                                                                                                                                                            1,883            3,457            5,537        5,340            15,263       18,844                                       
         3. Capital Employed                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    
         (Segment Assets-Segment Liabilities)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
         (a) Financial Services                                                                                                                                                                                                                                                                                                                                                                                       3,45,681         3,55,627         3,12,635     3,45,681         3,12,635     3,48,444                                     
         (b) Infrastructure Equipment Services                                                                                                                                                                                                                                                                                                                                                                        15,312           9,740            17,416       15,312           17,416       15,389                                       
         (c) Others                                                                                                                                                                                                                                                                                                                                                                                                   2,295            2,303            40,845       2,295            40,845       2,316                                        
         (d) Un-allocable                                                                                                                                                                                                                                                                                                                                                                                             (845)            (5,440)          (9,686)      (845)            (9,686)      (6,430)                                      
         Total                                                                                                                                                                                                                                                                                                                                                                                                        3,62,443         3,62,230         3,61,210     3,62,443         3,61,210     3,59,719                                     
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
 Notes:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
 1       In accordance with clause 41 of the Listing Agreement, the Company has published unaudited consolidated financial results. The unaudited standalone financial results of the Company will, however, be available on the Company's website www.srei.com and on the websites of BSE (www.bseindia.com) and / or NSE (www.nseindia.com).                                                                        
 2       The above unaudited consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on 7th November, 2015. The Statutory Auditors of the Company have reviewed the said results.                                                                                                                                                      
 3       The above unaudited consolidated financial results have been prepared in accordance with the principles and procedures as set out in Accounting Standard-21 on 'Consolidated Financial Statements', Accounting Standard-23 on 'Accounting for Investments in Associates in Consolidated Financial Statements' and Accounting Standard-27 on 'Financial Reporting of Interests in Joint Ventures'.            
 4       The financial results of a foreign subsidiary (including its subsidiaries) have been prepared as per IFRS, generally followed in the country of their incorporation. As there are no material differences between such financial results as per IFRS and as per Indian GAAP, no adjustments have been considered necessary.                                                                                  
 5       Due to the fluctuation in foreign exchange rates, the applicable loss on foreign exchange transactions and translations is Rs. 980 lakhs for the quarter ended 30th September, 2015 as against loss of Rs. 1,011 lakhs for the quarter ended 30th September, 2014 and loss of Rs. 1,234 lakhs for the half year ended 30th September, 2015 as against loss of Rs. 1,279 lakhs for the half year ended 30th   
         September, 2014, charged under "Finance Costs".                                                                                                                                                                                                                                                                                                                                                              
 6       Company's standalone financial information (Rs. in Lakhs) is as below:                                                                                                                                                                                                                                                                                                                                       
                                                                                                                                                                                                                                                                                                                                                                                                                      Quarter ended    Half Year ended  Year ended   
         Particulars                                                                                                                                                                                                                                                                                                                                                                                                  30-Sep-15        30-Jun-15        30-Sep-14    30-Sep-15        30-Sep-14    31-Mar-15                                    
                                                                                                                                                                                                                                                                                                                                                                                                                      (Unaudited)      (Unaudited)      (Unaudited)  (Unaudited)      (Unaudited)  (Audited)                                    
         Turnover                                                                                                                                                                                                                                                                                                                                                                                                     50,596           47,628           47,136       98,224           1,03,138     1,90,003                                     
         Profit Before Tax                                                                                                                                                                                                                                                                                                                                                                                            1,179            3,312            3,108        4,491            8,531        11,952                                       
         Profit After Tax                                                                                                                                                                                                                                                                                                                                                                                             815              2,291            2,121        3,106            5,821        9,093                                        
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
 7       Figures pertaining to the previous year/period have been rearranged/regrouped, wherever considered necessary, to make them comparable with those of the current period.                                                                                                                                                                                                                                      
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   For and on behalf of the Board of Directors  
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                
         Place: Kolkata                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         
         Date: 7th November, 2015                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Chairman and Managing Director               
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
 
 
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