Reliance Capital’s consolidated net loss widens to Rs 4134 crore in Q4

11 May 2022 Evaluate

Reliance Capital has reported results for fourth quarter and year ended March 31, 2022.

The company has reported net loss at Rs 25 crore for the quarter under review as compared to net loss of Rs 3865 crore for the same quarter in the previous year. However, total income of the company increased by 21.14% at Rs 5 crore for Q4FY22 as compared Rs 2 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported net loss at Rs 4134 crore for the quarter under review as compared to net loss of Rs 1649 crore for the same quarter in the previous year. Total income of the company decreased by 8.29% at Rs 4771 crore for Q4FY22 as compared Rs 5202 crore for the corresponding quarter previous year.

For the year ended March 31, 2022, the company has reported net loss at Rs 1106 crore as compared to net loss of Rs 10972 crore for the previous year. Total income of the company decreased by 97.16% at Rs 16 crore for year under review as compared to Rs 563 crore for year ended March 31, 2021.

For the year ended March 31, 2022, on the consolidated basis, the company has reported net loss at Rs 8055 crore as compared to net loss Rs 9287 crore for the previous year. Total income of the company reported marginal fall at Rs 19303 crore for year under review as compared to Rs 19308 crore for year ended March 31, 2021.


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