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Reliance Capital, Q4 net profit plunges 14%

April 30, 2009

Reliance Capital has announced its audited results for the fourth quarter & year ended March 31, 2009.

The standalone results for the quarter shows net profit of Rs 331.44 crore against Rs 386.49 crore registering a dip of 14% on YoY basis, the total income stood at Rs 883.20 crore against Rs 799.29 crore registering a growth of around 10.50% on YoY basis.

The standalone results for the entire fiscal shows net profit of Rs 968.02 crore against Rs 1,025.45 crore registering a dip of 5.60% on YoY basis, the total income stood at Rs 3,017.29 crore against Rs 2,079.79 crore registering a growth of 45% on YoY basis.

The consolidated results for the quarter shows net profit of Rs 311.64 crore against Rs 365.57 crore registering a dip of 14.75% on YoY basis, the total income stood at Rs 1,579.00 crore against Rs 1,634.71 crore registering a minor dip of 3.40% on YoY basis.

The consolidated results for the entire fiscal shows net profit of Rs 1,015.67 crore Rs 1,009.06 crore registering a minor jump on YoY basis, the total income stood at Rs 6,019.43 crore against Rs 4,919.19 crore registering a growth of 22% on YoY basis.

The Board of Directors of the Company has recommended a dividend of Rs 6.50 on equity share of Rs 10 each for FY09.

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