Reliance Capital revenues up to Rs.681 crore
October 30th, 2009 - 7:02 pm ICT by IANS ( Leave a comment )Mumbai, Oct 30 (IANS) Financial services company Reliance Capital, part of the Anil Dhirubhai Ambani Group, Friday said its revenues for the quarter ended Sep 30 grew 1.47 percent to Rs.681 crore from Rs.671 crore in the corresponding quarter last fiscal.
The company’s net profit for the quarter, however, fell 44 percent to Rs.109 crore from Rs.195 crore in the like quarter in the previous fiscal.
Revenues from core operations such as investments and consumer finance rose to Rs.681 crore in the quarter under review from Rs.671 crore in the previous corresponding period.
Reliance Capital has interests in financial services such as mutual funds, life and general insurance, stock broking and consumer finance.
The company’s mutual fund business — Reliance Mutual Fund — recently became the first mutual fund house in the country to cross an average asset under management (AAUM) of Rs.1 lakh crore.
- Reliance Capital net profit dips 28 percent - Nov 13, 2010
- Reliance Capital pact with Nippon in areas beyond insurance - Sep 01, 2011
- Reliance Life concludes 26 percent stake sale to Nippon for $680mn - Oct 09, 2011
- Reliance Cap Q2 total income rises 19 percent - Nov 11, 2011
- Reliance Commercial Finance launches loan against gold units - May 09, 2011
- Reliance Communications Q3 net profit up 7.7 percent - Feb 14, 2011
- Reliance Capital reports strong growth in core businesses (Second Lead) - Nov 13, 2010
- Reliance Capital reports 51 percent jump in earnings (Lead) - Nov 13, 2010
- Reliance Life gets central bank nod for stake sale to Nippon - Sep 30, 2011
- Reliance Capital consolidated net profit rises 9 percent - May 30, 2011
- Reliance Life gets Nippon on board for $680 million - Mar 14, 2011
- Reliance Infra quarterly net profit rises 8 percent - Aug 11, 2011
- Reliance Infrastructure net profit up 11 percent - Nov 12, 2010
- Cholamandalam Investment posts higher profit - Jan 27, 2011
- Reliance Capital net profit up 68 percent - Feb 12, 2011
Tags: anil dhirubhai ambani, anil dhirubhai ambani group, consumer finance, core operations, crore, financial services company, general insurance, insurance, investments, mutual fund business, mutual funds, net profit, oct 30, reliance capital, reliance mutual fund, rs 1, stock broking
