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Reliance Capital reports marginal rise in Q4 consolidated net profit

03 May 2014 Evaluate

Reliance Capital has posted a fall of 77.08% in its net profit at Rs 16.50 crore for the quarter ended March 31, 2014 as compared to Rs 72.00 crore for the same quarter in the previous year. However, total income of the company increased by 9.78% to Rs 808.00 crore for quarter under review as compared to Rs 736.00 crore for the quarter ended March 31, 2013.

On consolidated basis, the company has reported 0.75% rise in its net profit at Rs 267.00 crore for the quarter ended March 31, 2014 as compared to Rs 265.00 crore for the same quarter in the previous year. Total income of the company has increased by 9.28% at Rs 1848.00 crore for quarter under review as compared to Rs 1691.00 crore for the quarter ended March 31, 2013.

For the year ended March 31, 2014, the company has posted a fall of 38.22% in its net profit at Rs 409.00 crore as compared to Rs 662.00 crore in the previous year. Total income of company has dipped by 91.59% at Rs 325.40 crore for year under review as compared to Rs 3868.00 crore in the previous year.

For the year ended March 31, 2014, on the consolidated basis, the company has posted a fall of 8.00% in its net profit at Rs 747.00 crore as compared to Rs 812.00 crore for the same period in the previous year.  However ,total income of company has increased by 0.33% at Rs 7544.00 crore for year under review as compared to Rs  7519.00 crore in the previous fiscal.

Peers
Company Name CMP
Bajaj Finance 1027.00
Shriram Finance 1005.00
Aditya Birla Capital 400.10
Tata Capital 350.90
Chola Invest & Fin. 1778.60
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