Reliance Capital net profit down 55 percent
July 31st, 2009 - 6:18 pm ICT by IANSMumbai, July 31 (IANS) 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.
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Tags: anil ambani, crore, earnings per share, financial services, first quarter, general insurance, insurance, investments, mutual funds, net profit, private equity, quarter ended june, reliance capital, rs 1, rs 6
