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Reliance Capital profit jumps 65 percent

Mumbai, Feb 7 : Reliance Capital, a unit of Anil Ambani-led Reliance Goup, Friday said its net profit jumped by 65 percent to Rs.166 crore ($27 million) in the third quarter of the current fiscal.


The company's total income increased by 10 percent to Rs.1,889 crore ($305 million) during the October-December 2013 quarter as against Rs.1,716 crore recorded in the same period of previous year.

As on Dec 31, 2013, the net worth of the Company stood at Rs.12,563 crore ($2 billion), registering an year-on-year increase of 6 percent, Reliance Capital said in a statement.

--IANS (Posted on 07-02-2014)

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