By IANS,
Mumbai : The Anil Ambani-led Reliance Capital Friday reported a 55.6 percent fall in net profit to Rs.153.29 crore for the quarter ended June 30 as against Rs.345.3 crore in the like period last year.
The company’s total income for the first quarter stood at Rs.1,468.12 crore, down 3.05 percent from Rs.1,514.40 crore in the corresponding quarter the previous fiscal.
Reliance Capital has interests in asset management, mutual funds, life and general insurance, private equity and proprietary investments among other financial services.
The earnings per share fell to Rs.6.15 in the June quarter from Rs.13.97 a year ago.
SUPPORT TWOCIRCLES
HELP SUPPORT INDEPENDENT AND NON-PROFIT MEDIA. DONATE HERE