Reliance Nippon Life Asset Management consolidated net profit rises 35.00% in the March 2018 quarter

Sales rise 17.21% to Rs 429.00 crore

Net profit of Reliance Nippon Life Asset Management rose 35.00% to Rs 162.00 crore in the quarter ended March 2018 as against Rs 120.00 crore during the previous quarter ended March 2017. Sales rose 17.21% to Rs 429.00 crore in the quarter ended March 2018 as against Rs 366.00 crore during the previous quarter ended March 2017.

For the full year,net profit rose 29.85% to Rs 522.00 crore in the year ended March 2018 as against Rs 402.00 crore during the previous year ended March 2017. Sales rose 21.25% to Rs 1586.00 crore in the year ended March 2018 as against Rs 1308.00 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales429.00366.00 17 1586.001308.00 21 OPM %31.2435.25 -33.4836.01 - PBDT219.00169.00 30 760.00599.00 27 PBT210.00160.00 31 726.00581.00 25 NP162.00120.00 35 522.00402.00 30

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