SREI Infra’s net profit slips (Q-o-Q); stock down

MUMBAI: SREI Infrastructure Finance’s net profit slipped to Rs 40.24 crores for the quarter ended December 2010 from Rs 78.15 crores in previous quarter. Net sales stood at Rs 323.97 crores against Rs 345.13 crores (Q-o-Q).

The stock was at Rs 92.15, down 8.54 per cent on the NSE. It touched a high of Rs 101 and low of Rs 90.70 in trade so far.