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Reliance Capital turns black in Q2FY23

11 Nov 2022 Evaluate

Reliance Capital reported results for second quarter ended September 30, 2022.

The company has reported net loss of Rs 25.67 crore for Q2FY23 as compared to net loss of Rs 253.21 crore for the corresponding quarter previous year. However, total income of the company increased by 18.70% to Rs 6.41 crore for the quarter under review as compared to Rs 5.40 crore for the same quarter in the previous year.

On the consolidated basis, the company has reported net profit of Rs 215.23 crore for the quarter under review as compared to net loss of Rs 1155.56 crore for the same quarter in the previous year. Total income of the company increased by 0.75% to Rs 6046.65 crore for the quarter under review as compared to Rs 6001.67 crore for the same quarter in the previous year.

Peers
Company Name CMP
Bajaj Finance 1027.00
Shriram Finance 1005.00
Aditya Birla Capital 400.10
Tata Capital 350.90
Chola Invest & Fin. 1778.60
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