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Reliance Capital reports stellar Q2 numbers

07 Nov 2012 Evaluate

Reliance Capital has reported results for second ended September 30, 2012.

The company has reported 5688.89% rise in its net profit at Rs 521.00 crore for the quarter as compared to Rs 9.00 crore for the same quarter in the previous year. Total income of the company has increased by 127.46% at Rs 1665.00 crore for quarter under review as compared to Rs 732.00 crore for the quarter ended September 30, 2011.

On consolidated basis, the company has reported 1115.15% rise in its net profit at Rs 401.00 crore for the quarter as compared to Rs 33.00 crore for the same quarter in the previous year. Total income of the company has increased by 54.93% at Rs 2437.00 crore for quarter under review as compared to Rs 1573.00 crore for the quarter ended September 30, 2011.

The results for the current quarter and half year ended September 30, 2012 are not comparable with previous corresponding quarter and half year ended as Viscount Management Services (Alpha) amalgamated with the Company with the effect from October 01, 2011.

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