Reliance Cap FY11 net dips 33.1% to Rs 291 cr

Reliance Capital reported a consolidated net profit of Rs 291.18 crore for the year ended March 31, 2011 as compared to Rs 435.69 crore for the year ended March 31, 2010, a dip of 33.1%.

Total Income has decreased 10.4% from Rs 6,140.60 crore for the year ended March 31, 2010 to Rs 5,498.47 crore for the year ended March 31, 2011.

The company's board of directors had recommended a dividend of Rs 6.50 per equity share of Rs 10 each.