Reliance Capital’s net profit tops Rs.10.2 bnApril 29th, 2008 - 3:27 pm ICT by admin
Mumbai, April 29 (IANS) Reliance Capital has posted a net profit of Rs.10.2 billion for the year ended March 31, 2008, which is almost 60 percent higher than the Rs.6.4 billion profit it registered in the previous fiscal. The total income increased from Rs.8.8 billion to Rs.20.7 billion, to register an increase of Rs.11.9 billion, as per the company’s audited accounts released here Tuesday.
The board of directors have, accordingly, recommended a dividend of Rs.5.50 per equity share of Rs. 10 each.