Reliance Capital shares jump 8% post Q1 results

Its net profit stood at Rs 207 crore in the year-ago period.

Reliance Capital shares jump 8% post Q1 results

New Delhi: Shares of Reliance Capital today surged 8 percent after it reported 15 percent rise in consolidated net profit in the first quarter ended June 30.

Reliance Capital's scrip zoomed 7.86 percent to Rs 712- its 52-week high- on BSE.

At NSE, shares of the company jumped 7.94 percent to touch its one-year high of Rs 711.90.

Reliance Capital has reported a 15 percent 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 percent. 

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