Reliance Capital Q3 net profit up 68%
Quotes

Reliance Capital Q3 net profit up 68%

Last Updated: Tuesday, January 29, 2013, 19:00
 
 Comment 0
 
Reliance Capital Q3 net profit up 68%
New Delhi: Reliance Capital (R-Cap) Tuesday reported a 68.33 percent growth in net profit to Rs.1,010 million for the quarter ended Dec 31, 2012, as compared to Rs.600 million in the like period last year.

The company's total income increased 7.25 percent to Rs.17.16 billion from Rs.16 billion in the year ago period.

The growth in revenues was driven by increase in topline of general insurance, commercial finance and Reliance Capital Asset Management.

The group's commercial finance operations have reported a total income of Rs. 5.25 billion for the quarter in question, against Rs.4.99 billion for the corresponding period of the previous fiscal.

Its revenues from brokerage business were at Rs.630 million.

Shares of the company gained Rs.7.9, or 1.66 percent, to trade at Rs.484.85 in afternoon trade on the Bombay Stock Exchange (BSE).

IANS



First Published: Tuesday, January 29, 2013, 19:00


Comments


comments powered by Disqus
Google I/O 2014
Google I/O 2014
Maker Faire @ White House
Maker Faire @ White House
Amazon unveils 3D `Fire` smartphone
Amazon unveils 3D `Fire` smartphone
RIL`s 40th AGM
RIL`s 40th AGM
Samsung Galaxy Tab S
Samsung Galaxy Tab S

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved