Tuesday, May 22, 2012

Reliance Capital posts consolidated PAT at Rs 329 cr in Q4


Anil Dhirubhai Ambani Group company Reliance Capital has reported a consolidated profit after tax of Rs 329 crore for the fourth quarter of FY12 as against loss Rs 6 crore in a year ago period.

Total income increased 25% to Rs 2,002 crore from Rs 1,600 crore year-on-year.

For financial year 2011-12, company's total income jumped 20% to Rs 6,627 crore from Rs 5,536 crore on account of stake sale in Reliance Life and increase in topline of commercial finance, broking & distribution business.

Profit after tax went up 57% to Rs 458 crore in FY12 from Rs 291 crore in the last year.

Total assets of the company stood at Rs 35,344 crore as of March 31, 2012, up 10% over earlier year.


Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd 

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