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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  sumanspeaks.blogspot.com Travel & Hospitality · Turnaround Watch Easy Trip Planners At ₹5.78: The Hotel Business Is Growing Faster Than The Old Business Is Shrinking Near its 52-week low, EaseMyTrip is quietly turning into a different company than the one that listed in 2021 — and the next few quarters will decide whether that transformation shows up in the profit line. Easy Trip Planners Ltd trades around ₹5.78, with a market capitalisation of approximately ₹2,300 crore. That is close to its 52-week low of ₹5.74. At first glance, that looks like a stock the market has simply given up on. Look closer, and a more interesting picture emerges. The balance sheet is clean. Revenue is still growing. And one part of the business — hotels and holiday packa...
SREI Infra PAT soars 136%
SREI Infrastructure Finance Limited, one of the largest infrastructure financial institutions in the country, on Monday registered a 136 per cent growth in its consolidated profit after tax (PAT). The company’s consolidated total income grew by 27 per cent during the last fiscal year. This, despite FY13 being one of the most challenging years for the infrastructure sector in the country.

The consolidated PAT increased to Rs 263.18 crore in the year ended March 31, 2013, up from Rs 111.81 crore in the previous year. The consolidated total income moved up to Rs 3,109.92 crore during the year, up from Rs 2,446.33 crore during the previous year. “This year saw infrastructure development slow down dramatically due to government being in consternation regarding the path ahead, thanks to massive private sector investments in the sector,” said Hemant Kanoria, CMD, Srei Infrastructure Finance.

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