Reliance Capital has reported unaudited results for the first quarter ended June 30, 2011.
The company’s net profit for the quarter ended June 30, 2011 surged by 175.18% at Rs 138.72 crore as compared to Rs 50.41 crore for the corresponding quarter last year. Its total income increased by 216.90% at Rs 719.43 crore for the quarter under review from Rs 227.02 crore for the same quarter last year.
On consolidated basis, the Group has posted a fall of 54.75% in its net profit at Rs 34.83 crore as compared to Rs 76.97 crore for the quarter ended June 30, 2010. Its total income has increased by 17.78% at Rs 1492.11 crore for the quarter under review as compared to Rs 1266.87 crore for the similar quarter of the previous year.
