Religare Enterprises has reported results for second quarter ended September 30, 2015.
The company has reported a net loss of Rs 13.90 crore for the quarter ended September 30, 2015 as compared to net loss Rs 75.67 crore for the same quarter in the previous year. The company’s total income has increased by 57.83% to Rs 19.24 crore for the quarter under review from Rs 12.19 crore for the corresponding quarter of the previous year.
On the consolidated basis, the company has reported over five fold jump in its net profit at Rs 63.33 crore for the quarter ended September 30, 2015 as compared to Rs 11.01 crore for the same quarter in the previous year. Total income of the company has increased by 19.69% at Rs 1154.19 crore for quarter under review as compared to Rs 964.29 crore for the quarter ended September 30, 2014.
