The company's consolidated net profit in the same period a year ago was Rs 217 crore.
Total income also increased by 13% to Rs 2,361 crore during the period this year compared to Rs 2,084 crore in the same period last year, Reliance Capital said in a statement.
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Reliance General Insurance, the non-life insurance arm of Reliance Capital, posted 21% increase in net profit at Rs 30 crore.
At the same time, profit before tax of Reliance Capital Asset Management, the mutual fund arm of Reliance Capital, rose by 7% to Rs 122 crore during the quarter.
Reliance Capital Asset Management managed Rs 2,54,607 crore as on September 30, across mutual funds, pension funds, managed accounts and offshore funds.
Reliance Life achieved a profit of Rs 15 crore for the quarter ended September 30, 2015.
The declared results of Reliance Capital include consolidation of 48% stake in Reliance Life Insurance, it said.
On standalone basis, Reliance Capital net profit grew by 59% at Rs 108 crore during July-September 2015 as compared to Rs 68 crore in the same period a year ago.