Rel Capital Q1 net profit up at Rs 302.43 cr
Reliance Capital posted 219% rise in net profit of Rs 302.43 crore for the quarter ended June 30, 2007 compared with Rs 94.53 crore in the same quarter previous year.
The company’s total income increased to Rs 513.77 crore in the June quarter from Rs 132.42 crore a year ago.
On consolidated basis, the company registered a net profit (after minority interest and share of profit of associates) of Rs 325.26 crore for the April-June quarter compared with Rs 113.03 crore in the corresponding quarter previous year.
Total income stood at Rs 1176.20 crore in the June quarter from Rs 356.19 crore last year.