Sales rise 16.38% to Rs 412.00 crore
Net profit of Reliance Nippon Life Asset Management rose 24.39% to Rs 153.00 crore in the quarter ended March 2018 as against Rs 123.00 crore during the previous quarter ended March 2017. Sales rose 16.38% to Rs 412.00 crore in the quarter ended March 2018 as against Rs 354.00 crore during the previous quarter ended March 2017.For the full year,net profit rose 24.69% to Rs 505.00 crore in the year ended March 2018 as against Rs 405.00 crore during the previous year ended March 2017. Sales rose 20.72% to Rs 1532.00 crore in the year ended March 2018 as against Rs 1269.00 crore during the previous year ended March 2017.
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