Religare Enterprises reported results for first quarter ended June 30, 2016.
The company has reported a net loss at Rs 25.84 crore for the quarter ended June 30, 2016 as compared to net profit of Rs 37.93 crore for the same quarter in the previous year. The company’s total income has decreased by 81% to Rs 13.98 crore for the quarter under review from Rs 73.54 crore for the corresponding quarter of the previous year.
Religare Enterprises is one of India’s leading diversified financial services groups. It offers an integrated suite of financial services including asset management, life and health insurance, lending, broking, investment banking, and wealth management.
