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Reliance Nippon Life Asset Management consolidated net profit rises 25.00% in the December 2017 quarter

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Capital Market

Sales rise 24.70% to Rs 409.00 crore

Net profit of Reliance Nippon Life Asset Management rose 25.00% to Rs 130.00 crore in the quarter ended December 2017 as against Rs 104.00 crore during the previous quarter ended December 2016. Sales rose 24.70% to Rs 409.00 crore in the quarter ended December 2017 as against Rs 328.00 crore during the previous quarter ended December 2016. ParticularsQuarter EndedDec. 2017Dec. 2016% Var.Sales409.00328.00 25 OPM %33.2539.02 -PBDT197.00159.00 24 PBT188.00153.00 23 NP130.00104.00 25

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First Published: Feb 23 2018 | 5:48 PM IST

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