Calcutta, June 19: Srei Infrastructure Finance Ltd has posted a 64 per cent increase in net profit at Rs 79.25 crore in 2006-07. The gross income of the company was Rs 400 crore, a 76 per cent rise from that in 2005-06.

Srei, which finances infrastructure equipment, infrastructure projects and renewable energy products, saw its assets under management growing to Rs 5,083 crore during the year, an almost 50 per cent growth from Rs 3,393 in the previous year.

Vice-chairman and managing director Hemant Kanoria said the company’s joint venture with BNP Paribas Leasing Group would help increase Srei’s market share.