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14-Feb2019

Reliance Capital turns black in Q3

Reliance Capital has reported results for third quarter ended December 31, 2018.

The company has reported a net profit of Rs 89.00 crore for the quarter under review against net loss of Rs 603.00 crore for the same quarter in the previous year. However, total income of the company decreased by 10.96% at Rs 577.00 crore for Q3FY19 as compared Rs 648.00 crore for the corresponding quarter previous year.

Reliance Capital, a part of the Reliance Group, is one of India's leading private sector financial services companies. It has interests in asset management and mutual funds; life, health and general insurance; commercial and home finance; stock broking; wealth management services; distribution of financial products; asset reconstruction; proprietary investments and other activities in financial services.


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