Reliance Capital Q1 results

Reliance Capital Q1 results: Net loss at Rs. 387 crores

Reliance Capital Q1 results: Net loss at Rs. 387 crores 

New Delhi: To begin with, Reliance Capital posted its Q1 results on Friday. So then, the company reported its consolidated net loss at Rs. 387 crores for the June 2020 quarter. Earlier, in the previous year, the net loss stood at Rs. 116 crores. Also, in the March 2020 quarter, it stood at Rs. 2,501 crores. 

On the other hand, the total income of the company stood at Rs. 277 crores in the June 2020 quarter. Comparatively, in the previous year, it stood at Rs. 363 crores. 

However, the interest income stood at Rs. 268 crores. Besides, the expenses rose by 39% from a year ago at Rs. 665 crores in Q1 FY21. 

July 31st Stock Market Details:

On July 31st, both the Sensex and the Nifty traded at a bearish trend in the stock market. The Sensex lost 129.18 points and reached 37,606.89 levels with a 0.34% loss. On the other side, the Nifty lost 28.70 points and reached 11,073.45 levels with a 0.26% loss.

In the border market, the S&P BSE Midcap index gained 49.39 points with a 0.36% profit and reached 13,759.11 levels. Also, the S&P BSE Smallcap index gained 105.49 points with a 0.82% profit and reached a 13,021.76 level. 

Besides, as of August 1st, the number of confirmed COVID-19 cases across India has reached 16,95,988. Also, the number of deaths in the country has reached 36,511.

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