Reliance Capital net vaults over 3-fold to Rs302.43 crore in Q1 2007-08
25 Jul 2007
Total Income has increased to Rs513.77 crore from Rs132.42 crore for the quarter ended June 30, 2006.
On a consolidated basis, the company recorded a net profit (after minority interest and share of profit of associates) of Rs325.26 crore for April-June 2007-08 compared to Rs113.03 crore in the corresponding previous quarter.
Total income stood at Rs1,176.20 crore in the 2007-08 quarter from Rs356.19 crore last year.
Reliance
Capital''s shares scaled a new 52-week high of Rs1,254 on the BSE after the company
posted over 3-fold increase in its net profit during the June quarter results.
Later,
the scrip of the Anil Ambani-controlled company closed 3.80 per cent up at Rs1244.85
on the BSE.