NEW DELHI, July 28: Shares of Reliance Capital today surged 8 per cent after it reported 15 per cent rise in consolidated net profit in the first quarter ended June 30.
Reliance Capital’s scrip zoomed 7.86 per cent to Rs 712 — its 52-week high — on BSE.
At NSE, shares of the company jumped 7.94 per cent to touch its one-year high of Rs 711.90.
Reliance Capital has reported a 15 per cent rise in consolidated net profit at Rs 238 crore in the first quarter ended June 30, 2017.
Its net profit stood at Rs 207 crore in the year-ago period.
Total income stood at Rs 4,857 crore for the quarter ended June 2017 as against Rs 3,663 crore in the same quarter a year ago,” Reliance Capital said in a statement yesterday.
As on June 30, 2017, the net worth of the company stood at Rs 16,777 crore, an increase of 7 per cent. (PTI)
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