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Reliance Capital Q3 net up 68% to Rs 106 cr

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Press Trust of India Mumbai

Anil Ambani group company Reliance Capital today reported a 68.28 per cent rise in its net profit at Rs 106.32 crore for the quarter ended December 31, 2010.

The company had a net profit of Rs 63.18 crore in the October-December quarter a year ago, Reliance Capital said in a filing to the Bombay Stock Exchange.

Total income of the financial services provider, however, declined to Rs 1,352.30 crore in the third quarter ended December from Rs 1,484.81 crore in the same year-ago period, it added.

Shares of Reliance Capital had ended 2.18 per cent higher from the previous close on the BSE at Rs 428.35 apiece in the last trading session.

 

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First Published: Feb 12 2011 | 3:26 PM IST

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