Reliance Capital posts four-fold jump in Q1 profit at Rs 1,218 crore

Money Control | Aug 15, 2019 at 5:28 PM
  • Anil Ambani-led Reliance Capital has reported an over four-fold jump in its consolidated net profit at Rs 1,218 core for the first quarter of the ongoing fiscal, driven by higher income.
  • The company’s profit was Rs 295 crore in the year-ago period.
  • Total income increased by 31 per cent to Rs 6,083 crore during the April-June quarter of 2019-20 as against Rs 4,641 crore in the corresponding period a year earlier.