Reliance Nippon Life Asset Management has reported results for third quarter ended December 31, 2018.
The company has reported a fall of 13.72% in its net profit at Rs 110.21 crore for the quarter under review as compared to Rs 127.74 crore for the same quarter in the previous year. Total income of the company decreased by 15.39% at Rs 388.05 crore for Q3FY19 as compared Rs 458.64 crore for the corresponding quarter previous year.
On the consolidated basis, the company has reported a fall of 17.04% in its net profit at Rs 109.52 crore for the quarter under review as compared to Rs 132.01 crore for the same quarter in the previous year. Total income of the company decreased by 14.04% at Rs 403.97 crore for Q3FY19 as compared Rs 469.93 crore for the corresponding quarter previous year.