Rel Cap profit increases 9% to Rs 475 cr
PTI | HT Correspondent, Mumbai
May 30, 2011 11:37 PM IST
Reliance Capital on Monday announced a 9% gain in consolidated net profit at Rs 475.0 crore for the year ended March 2011, even as the company witnessed a 10% decline in total income at Rs 5,498.0 crore. HT reports.
Reliance Capital on Monday announced a 9% gain in consolidated net profit at Rs 475.0 crore for the year ended March 2011, even as the company witnessed a 10% decline in total income at Rs 5,498.0 crore.
The company, however, reported a 32.5% decline in standalone profit for 2010-11 to Rs 229.2 crore from Rs 339.4 crore last fiscal. Total income also decreased to Rs 1934.0 crore during the period against Rs 2,389.8 crore in the previous fiscal year.
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