Ratnabali Capital Markets report two-fold rise in Q4 net profit

Ratnabali Capital Markets has reported results for fourth quarter ended March 31, 2012.

On the standalone basis, the company has posted a two-fold rise in its net profit at Rs 5.81crore for the quarter ended March 31, 2012 as compared to Rs 2.53 crore for the same quarter in the previous year.   However total income has decreased by 70.01% at Rs 96.27 crore for quarter under review as compared to Rs 321.04 crore for the quarter ended March 31, 2011

For the full year ended March 31, 2012, on the consolidated basis, the company has posted a fall of 36.84% in its net profit at Rs 6.12 crore for the year ended March 31, 2012 as compared to Rs 9.69 crore for the same period in the previous year. Total income has decreased by 38.18% at Rs 515.76 crore for year under review as compared to Rs 834.30 crore for the period ended March 31, 2011.