| Reliance Capital today reported a 19 per cent rise in the consolidated net profit at Rs 365.57 crore for the fourth quarter ended March 2008 compared with Rs 306 crore in the same quarter last year.
|
| |
The total income shot up by 97 per cent to Rs 1,635 crore against Rs 829 crore in the period under revew.
| Results at a glance |
| Rs crore |
2007 |
2008 |
| Total income |
828.75 |
1634.71 |
| Expenditure |
452.20 |
1000.56 |
| PBT |
356.66 |
449.37 |
| Net profit |
306.01 |
365.57 |
| EPS (Rs) |
13.44 |
15.02 |
|
| |
| The fully diluted earnings per share (EPS) increased by 12 per cent to Rs 15.02 as against Rs 13.44 in the same quarter of the last year.
|
| |
| The company approved a dividend of Rs 5.5 a share on a capital base of Rs 246.16 crore. The dividend payout increased by 58 per cent from Rs 100 crore to Rs 158 crore for the year ended March 2008.
|
| |
| The company's consolidated net profit for the full financial year ended March 2008 increased by 43 per cent to Rs 1,009 as against a net profit of Rs 703. 21 crore a year ago.
|
| |
| The total income for the year increased by 128 per cent to Rs 4,919 crore compared with Rs 2,157.86 crore. EPS increased by 34 per cent to Rs 41.08 against Rs 30.73.
|
| |
| Total assets of the company increased by 142 per cent to Rs 16,371 crore while the networth was Rs 6,086 crore. The investment portfolio as on March 31, 2008, amounted to Rs 4,715 crore.
|
| |
| Commenting on the results, Reliance Capital Chairman Anil Ambani said, "We are delighted that Reliance Capital crossed the $1 billion (Rs 4,000 crore) mark in revenues and Rs 1,000 crore ($250 million) mark in net profit during the year. Our leadership position across different businesses, provides us an unprecedented platform for substantial growth in the future." |
| |
Content Guide
