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Reliance Capital reports widening of standalone net loss to Rs 387 cr in Q1

The Anil Ambani-controlled firm had posted a net loss of Rs 116 crore in the same quarter of the previous financial year

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In 2019-20, the company had posted a standalone net loss of Rs 5,465 crore

4 min read Last Updated : Jul 31 2020 | 10:14 PM IST

Reliance Capital on Friday reported widening of its standalone net loss to Rs 387 crore during the first quarter of the current fiscal.

The Anil Ambani-controlled firm had posted a net loss of Rs 116 crore in the same quarter of the previous financial year. It logged a net loss of Rs 2,501 crore in the preceding quarter ended March 2020.

In 2019-20, the company had posted a standalone net loss of Rs 5,465 crore.

Total income (standalone) of the company also fell to Rs 277 crore in the April-June period of 2020-21 from Rs 363 crore in same period of 2019-20, Reliance

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