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Reliance Capital shares gain over 5 pc as Q3 net profit surges

Press Trust of India  |  New Delhi 

Shares of today went up by over 5 per cent after the company reported a 50 per cent rise in net profit in the third quarter ended December.

The scrip gained 5.01 per cent to settle at Rs 493.65 on BSE. Intra-day, it jumped 6.36 per cent to Rs 500.

On NSE, shares of the company moved up by 5.22 per cent to close at Rs 494.70.

In terms of equity volume, 15.10 lakh shares of the company were traded on BSE and over one crore shares changed hands on NSE during the day.

yesterday reported a 50 per cent rise in net profit to Rs 315 crore in the third quarter ended December 31.

The company's net profit was Rs 209 crore in the same period of the previous fiscal.

Total income grew by 20 per cent to Rs 4,771 crore in the December quarter of 2017-18 as against Rs 3,964 crore in the same quarter of the last fiscal.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 09 2018. 16:30 IST