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Religare Enterprises Q4 net loss widens to Rs 68 cr

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Press Trust of India New Delhi
Financial services firm Religare Enterprises Limited (REL) today reported widening of its standalone net loss to Rs 67.87 crore for the March quarter.

The company on standalone basis had net loss of Rs 16.53 crore for the January-March period of preceding fiscal.

Its total income for the quarter also declined to Rs 12.23 crore compared to Rs 16.71 crore for the same period in the last fiscal, REL said in a regulatory filing.

For the 2015-16 fiscal, the company posted profit of Rs 83.82 crore as compared to loss of Rs 103.50 crore in the previous fiscal.

Company's total income also increased to Rs 125.40 crore as compared to Rs 108.32 crore in the last fiscal.
 

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First Published: May 27 2016 | 8:57 PM IST

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