NEW DELHI: Reliance Capital on Wednesday reported a consolidated internet lack of Rs 239 crore for the quarter ended September 30, 2023-24.
It had posted a internet revenue of Rs 215 crore for the year-ago interval.
Complete revenue rose to Rs 6,393 crore within the second quarter from Rs 5,796 crore within the year-ago interval, Reliance Capital mentioned in a regulatory submitting.
Complete bills elevated to Rs 6,679 crore as in comparison with Rs 5,756 crore in the identical quarter a yr in the past.
On a standalone foundation, the corporate’s loss widened to Rs 442 crore from Rs 26 crore a yr in the past.
The corporate has been underneath insolvency proceedings since November 29, 2021, when the Reserve Financial institution of India (RBI) outdated the board of Reliance Capital in view of cost defaults and critical governance points.
The Reserve Financial institution appointed Nageswara Rao Y because the administrator in relation to the company insolvency decision strategy of the agency.
It had posted a internet revenue of Rs 215 crore for the year-ago interval.
Complete revenue rose to Rs 6,393 crore within the second quarter from Rs 5,796 crore within the year-ago interval, Reliance Capital mentioned in a regulatory submitting.
Complete bills elevated to Rs 6,679 crore as in comparison with Rs 5,756 crore in the identical quarter a yr in the past.
On a standalone foundation, the corporate’s loss widened to Rs 442 crore from Rs 26 crore a yr in the past.
The corporate has been underneath insolvency proceedings since November 29, 2021, when the Reserve Financial institution of India (RBI) outdated the board of Reliance Capital in view of cost defaults and critical governance points.
The Reserve Financial institution appointed Nageswara Rao Y because the administrator in relation to the company insolvency decision strategy of the agency.
