The comapny total income rose by 12 per cent in the financial year 2015-16 to Rs 9,998 crore
Reliance Capital has reported a consolidated net profit of Rs 207 crore in first quarter ended June 30, 2016. Its net profit stood at Rs 201 crore in the year-ago period. June quarter's data, the company said, include figures of Reliance Nippon Life Insurance (formerly Reliance Life Insurance Company) which became a subsidiary of the firm with effect from March 30, 2016. Hence, the figures for the quarter are not comparable with the corresponding quarter ended June 2015 and sequential quarter ended March 2016, it said in a regulatory filing. "Total income is Rs 3,663 crore for the quarter ended June 2016, where as the same was at Rs 2,470 crore during the same quarter a year ago," Reliance Capital said. On standalone basis, there was a 22 per cent rise in net profit at Rs 213 crore in June quarter of 2016-17, against Rs 175 crore year ago. Total standalone income increased to Rs 1,007 crore for quarter from Rs 946 crore for same quarter year ago. Besides, it informed for ...
Company said its total income for the period under review was Rs 3,663 crore up from Rs 2,470 crore for the period ended June quarter
Reliance Capital is the financial services arm of Anil Ambani-led Reliance Group
Firm to bring strategic partner for general insurance unit
The value of the entire transaction stands at Rs 2,265 crore
The business would be merged with the wholly-owned subsidiary Reliance Gilts and the combined entity would then be renamed as Reliance Commercial Finance