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Reliance Capital standalone net profit declines 70.53% in the March 2017 quarter

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Capital Market

Sales decline 53.61% to Rs 630.00 crore

Net profit of Reliance Capital declined 70.53% to Rs 155.00 crore in the quarter ended March 2017 as against Rs 526.00 crore during the previous quarter ended March 2016. Sales declined 53.61% to Rs 630.00 crore in the quarter ended March 2017 as against Rs 1358.00 crore during the previous quarter ended March 2016.

For the full year,net profit declined 57.11% to Rs 419.00 crore in the year ended March 2017 as against Rs 977.00 crore during the previous year ended March 2016. Sales declined 52.06% to Rs 1954.00 crore in the year ended March 2017 as against Rs 4076.00 crore during the previous year ended March 2016.

 
ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales630.001358.00 -54 1954.004076.00 -52 OPM %89.5287.48 -91.4584.42 - PBDT218.00623.00 -65 544.001213.00 -55 PBT212.00615.00 -66 517.001176.00 -56 NP155.00526.00 -71 419.00977.00 -57

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First Published: Apr 28 2017 | 2:39 PM IST

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