Reliance Capital share price has given a positive movement since this morning. It is currently trading at Rs 442.40, up by 1.18 per cent.
The Company has reported a consolidated net profit of Rs 207 crores for the quarter ended 30thJune 2016. Its net profit stood at Rs 201 crores in the year-ago period. For the June quarter’s data, Reliance Capital said, include figures of Reliance Nippon Life Insurance (formerly known as Reliance Life Insurance Company) which became a subsidiary of the Company with effect from 30 March.
Therefore, the figures for the quarter are not comparable with the corresponding quarter ended 30th June 2015 and sequential quarter ended 31st March 2016.
The Company added that the total income has been recorded as Rs 3,663 crores for the quarter ended 30th June 2016, whereas the same was at Rs 2,470 crores during the corresponding quarter of the previous year.
On stand-alone basis, there was a 22 per cent rise in net profit at Rs 213 crores in June quarter of 2016-17, as against Rs 175 crores year ago period.Total stand-alone income of the Company increased to Rs 1,007 crores for quarter from Rs 946 crores for same quarter of the previous year.
The total income of the Company for the June 2016 quarter was Rs 1,007.00 crores which includes Rs 984.00 crores of revenue and Rs 23.00 crores of other income. The profit before tax (PBT) was Rs 242.00 crores. The net profit has been registered as Rs 213.00 crores.The EPS for the quarter ended 30th June 2016 was Rs 8.44 as against Rs 20.82 for the quarter ended 31st March 2016.
Reliance Capital share price opened at Rs 439.00 from a previous closing of Rs 437.25. The intraday high and the intraday low so far Is Rs 447.65 and Rs 436.20 respectively.
No comments:
Post a Comment