Anil Dhirubhai Ambani-owned Reliance Capital's net profit has increased by 20 per cent to Rs 201.2 crore for the quarter ended September 30 compared with Rs 167.1 crore for same the quarter last year. The total income has increased by 76 per cent to Rs 391.2 crore for the quarter compared with Rs 222.8 crore in the year-ago period. | |
| The earnings per share (EPS) increased by 20 per cent to Rs 8.18 against Rs 6.81 in the corresponding period last year. |
| |
| On a consolidated basis, the net profit registered a 4 per cent increase to Rs 200.07 crore for the second quarter ended September 30 compared with Rs 191.99 crore in the same period last year. |
| |
| The income from operations was Rs 912 crore for the quarter second quarter this year compared with Rs 536.51 crore in the year-ago period. The total income increased to Rs 952.71 crore from Rs 536.86 crore. The EPS increased by 4 per cent to Rs 8.13 against Rs 7.83 in the corresponding period last year. |
| |
| As on September 30, 2007, the networth of the company was Rs 5,662 crore, with a debt-equity ratio of 0.69. |
| |
| The assets under management of Reliance Mutual Fund grew by 146 per cent to Rs 70,441 crore up to September 30 this year. |
| |
| Reliance Life Insurance Company registered a 165 per cent rise in new business premium to Rs 650 crore for the first half of this year against Rs 246 crore in the same period last year. |
| |
| Reliance General Insurance Company registered 151 per cent growth with a gross premium of Rs 946 crore for the first half of the year against Rs 378 crore last year. Reliance Money, which launched operations this year, has two lakh customers. |
| |
| Reliance Capital has businesses in asset management and mutual funds, life and general insurance, private equity and proprietary investments, stock broking and other activities in financial services. |
| |
|
| |
