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Reliance Capital Shares Hit 52-week High; Q1 Profit Up 15%

Reliance Capital has reported a 15 per cent rise in consolidated net profit at Rs 238 crore in the June quarter. Its net profit stood at Rs 207 crore in the corresponding period a year ago.
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Reliance Capital's total income stood at Rs 4,857 crore for the quarter ended June 2017
Reliance Capital's total income stood at Rs 4,857 crore for the quarter ended June 2017
New Delhi: Reliance Capital shares on Friday surged 8 per cent after the company reported a 15 per cent rise in consolidated net profit in the fiscal first quarter that ended on June 30. Reliance Capital's scrip zoomed 7.86 per cent to a 52-week high of Rs 712 on the Bombay Stock Exchange (BSE). At the National Stock Exchange (NSE), Reliance Capital shares jumped 7.94 per cent to touch a 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 June quarter. Its net profit stood at Rs 207 crore in the corresponding period a year ago.

Total income stood at Rs 4,857 crore for the quarter ended June 2017 as against Rs 3,663 crore a year ago, Reliance Capital said in a statement on Thursday.

As on June 30, 2017, the net worth of the company stood at Rs 16,777 crore, an increase of 7 per cent. 

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