Anil Ambani Dhirubhai Group company Reliance Capital Ltd on Tuesday posted over a three-fold rise in net profit after tax at Rs 94.53 crore (Rs 945.3 million) for the quarter ended June 30 as compared to Rs 29.62 crore (Rs 296.2 million) for the corresponding quarter in the year 2005-06.
Total income increased two fold to Rs 132.42 crore (Rs 1.32 billion) for the first quarter in 2006-07 from Rs 65.59 crore (Rs 655.9 million) in Q1 FY 05-06, the private sector non-banking financial services company informed the Bombay Stock Exchange.
The group reported a consolidated net profit (after minority interest and share of profit of associates) of Rs 113.03 crore (Rs 1.13 billion) for the quarter ended June 30 as against Rs 37.36 crore (Rs 373.6 million) for the same quarter in FY 05-06.
Income from operations stood at Rs 356.19 crore (Rs 3.56 billion) during Q1 FY 06-07 as compared to Rs 137.17 crore (Rs 1.37 billion) for the first quarter in 2005-06.
Earlier this month, the company had said its board of directors would consider the unaudited financial results for the first quarter of 2006-07 on July 18.
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