Reliance Capital’s consolidated net loss narrows to Rs 981 crore in Q1

07 Aug 2021 Evaluate

Reliance Capital has reported results for first quarter ended June 30, 2021. 

The company has reported net loss at Rs 333 crore for the quarter under review as compared to net loss of Rs 387 crore for the same quarter in the previous year. Total income of the company decreased by 99.28% at Rs 2 crore for Q1FY22 as compared Rs 277 crore for the corresponding quarter previous year.   

On the consolidated basis, the company has reported net loss attributable to owners of the company at Rs 981 crore for the quarter under review as compared to net loss of Rs 1124 crore for the same quarter in the previous year. However, total income of the company increased by 3.76% at Rs 4448 crore for Q1FY22 as compared Rs 4287 crore for the corresponding quarter previous year.    

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