Q4FY17 Results: Reliance Capital
DSIJ Intelligence / 28 Apr 2017
Reliance Capital Posted its Q4FY17 results along with annual results. Net profit for the quarter increased 99% QoQ to Rs 417 crore.
Reliance Capital Posted its Q4FY17 results along with annual results.
The company’s NII for the quarter increased 32% QoQ to Rs 4203 crore.
Its net profit for the quarter increased 99% QoQ to Rs 417 crore.
The company's board of directors has proposed a dividend of Rs 10.5 per equity share of Rs10 each.
The company's NII for FY17 increased to Rs 14,439 crore from Rs 7,120 crore in FY16. Its net profit decreased to Rs 1086 crore.
Reliance Capital Ltd is an India-based private financial services company and a part of the Reliance group. The company has interests in asset management and mutual funds, life and general insurance, commercial finance, stock broking, investment banking, wealth management services, distribution of financial products, asset reconstruction; proprietary investments and other activities in financial services.
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