Calcutta, May 2: Srei Infrastructure Finance's consolidated net profit for 2014-15 fell 7 per cent to Rs 129.11 crore from Rs 138.51 crore in the previous year because of a moderate demand for credit.

Total income for 2014-15 was Rs 3,360.32 crore compared with Rs 3,260.30 crore in the previous year. Consolidated assets under management stood at Rs 35,241 crore in March 2015 against Rs 34,070 crore a year ago.

Consolidated disbursement during the year ended March 2015 was Rs 12,546 crore compared with Rs 12,706 crore in the previous year.

The Calcutta-based company's March-quarter net profit was Rs 13.47 crore compared with Rs 3.75 crore a year ago, aided by lower provisions, contingencies and diminutions.

"While there are early signs of a pick-up in industrial activity, the demand for credit continues to remain moderate. We have been carefully managing our portfolio quality and lending cautiously in the current uncertain macro-economic environment," said Hemant Kanoria, chairman and MD of Srei Infrastructure Finance.