Business Daily from THE HINDU group of publications
Saturday, Oct 31, 2009
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Business Daily from THE HINDU group of publications Saturday, Oct 31, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Markets
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Stocks Corporate Results - Financial Services Our Bureau Mumbai, Oct. 30 Reliance Capital’s consolidated net profit dipped 32 per cent during the quarter ended September 2009 compared to the corresponding year ago quarter. The company in a statement said the fall was due to “lower capital gains booked owing to the planned partial stake sale in Reliance Life Insurance”. The net profit decreased from Rs 229 crore to Rs 156 crore; total income went up 11 per cent to Rs 1,447 crore from Rs 1,305 crore. Standalone net profit fell to Rs 109 crore from Rs 195 crore, and total income fell marginally to Rs 666.7 crore(Rs 667.7 crore. The shares of Reliance Capital were up 1.93 per cent at Rs 745.65 on the BSE. Reliance Capital consolidated net up 3 ADAG group cos see inter se transfer of shares More Stories on : Stocks | Financial Services | Reliance Capital Ltd
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