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Reliance Cap posts 220% jump in net

Our Bureau

Mumbai, July 25 Reliance Capital Ltd reported a 220 per cent jump in net profit at Rs 513.77 crore for the quarter ended June 30, 2007 as against Rs 132.42 crore for the corresponding quarter in the previous year. The company’s total income witnessed an almost four-fold rise to Rs 513.77 crore for the same quarter (Rs 132.42 crore).

Earnings per share for the quarter stood at Rs 12.15 (Rs 4.24). The current net worth of the company is Rs 5,460 crore.

The company’s stock price closed at Rs 1,244.85, up Rs 45.55 or 3.8 per cent from the previous day’s close on the BSE.

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