As many as 54 bids were received for the resolution of Reliance Capital and its multiple subsidiaries as of March 25, which was the last date for submission of EoI.
Total consolidated income rose to Rs 5,163 crore in the quarter from Rs 3,780 crore in the year-ago quarter, Reliance Capital said in a regulatory filing
Results: Reliance Capital Q4 loss narrows to Rs 1,649 crore
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Reliance Capital, a part of debt-ridden Anil Ambani-promoted Reliance Group, on Saturday reported narrowing of its consolidated net loss to Rs 1,649 crore in the fourth quarter ended March 2021.
The company had posted a net loss of Rs 2,179 crore in the January-March quarter of the last fiscal.
Total consolidated income rose to Rs 5,163 crore in the quarter from Rs 3,780 crore in the year-ago quarter, Reliance Capital said in a regulatory filing. Total expenses also rose to Rs 6,564 crore as against Rs 5,846 crore in the corresponding quarter of last year.
On a standalone basis, the company posted a loss of Rs 3,865 crore as against Rs 2,501 crore at the end of same quarter a year ago.
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