Religare Enterprises has reported results for third quarter ended December 31, 2016.
The company has reported a net loss of Rs 43.28 crore for the quarter under review as compared to a net profit of Rs 127.67 crore for the same quarter in the previous year. Total income of the company decreased by 63.77% at Rs 7.64 crore for the quarter under review as compared Rs 21.09 crore for the corresponding quarter 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.